Bloomberg reports that Iraq will ask companies to build an oil refinery when it invites bids to develop the Nasiriyah field south of Baghdad.
Abdul- Mahdi al-Ameedi, the head of the ministry’s licensing department, said, “we will not develop the Nasiriyah oil field on its own but in tandem with the establishment of a refinery”.
The refinery will have a capacity of 300,000 barrels a day, he said, but the ministry hasn’t specified a date for the tender and isn’t in negotiations on the plan.
It has informed foreign companies including Eni SpA, Nippon Oil Corp. and Chevron about the project, he said.
(Picture: Khabat refinery)