MoU signed for Mosul Refinery

A refinery with a capacity of 150,000 barrels per day will be constructed by the Egyptian Qalaa Company in Nineveh province.

In a statement, Deputy Oil Minister Ahmed Shamaa said the Ministry of Oil has contracted Qalaa to establish the refinery which will process the crude oil from the Najma and Gayar fields near Mosul.

Deputy Oil Minister Ahmed Shamaa told Aswat al-Iraq that the refinery will be built in Mosul and will be supplied by crude oil from Najama [Najma] and Qayara [Gayar] oil fields.

According to the contract, the Company has three years to investigate the site and prepare design for the facility.

The contract also makes provisions for the Egyptian firm to open its own petrol stations and benefit from the refinery’s by-products.

The Minister gave no indication of the value of the deal.

(Sources: Aswat al-Iraq, AKnews)


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2 Responses to MoU signed for Mosul Refinery


  1. Notice: Only variables should be assigned by reference in /srv/users/ibn/apps/ibn/public/wp-content/plugins/subscribe-to-comments/subscribe-to-comments.php on line 590
    Just How International is Iraq? | Iraq Business News
    25th August 2011 at 04:00 #

    [...] and TourismPoliticsTariq AbdellCommodities & MiningJust How International is Iraq? MoU signed for Mosul Refinery Iraqi Govt to Tighten Importation Regulations Najaf Grants $56m Investment Licences Jordanian [...]


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    Citadel Capital Announces Iraq Refinery Deal | Iraq Business News
    30th August 2011 at 18:00 #

    [...] as accorded by relevant Iraqi laws.Iraq Business News understands that the deal relates to the new facility in Mosul announced last week by the the Egyptian Qalaa company. .report{ border:2px solid #007235; margin-bottom:20px; [...]

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  1. Notice: Only variables should be assigned by reference in /srv/users/ibn/apps/ibn/public/wp-content/plugins/subscribe-to-comments/subscribe-to-comments.php on line 590
    Just How International is Iraq? | Iraq Business News
    - 25th August 2011

    [...] and TourismPoliticsTariq AbdellCommodities & MiningJust How International is Iraq? MoU signed for Mosul Refinery Iraqi Govt to Tighten Importation Regulations Najaf Grants $56m Investment Licences Jordanian [...]


  2. Notice: Only variables should be assigned by reference in /srv/users/ibn/apps/ibn/public/wp-content/plugins/subscribe-to-comments/subscribe-to-comments.php on line 590
    Citadel Capital Announces Iraq Refinery Deal | Iraq Business News
    - 30th August 2011

    [...] as accorded by relevant Iraqi laws.Iraq Business News understands that the deal relates to the new facility in Mosul announced last week by the the Egyptian Qalaa company. .report{ border:2px solid #007235; margin-bottom:20px; [...]