By John Lee.
Iraq's Council of Ministers has approved a contract with Japan's JGC Corporation to build a 55,000-bpd refinery in Basra province.
According to a statement from the Ministry of Oil, the new plant will create 7,000 jobs, in addition to 70,000 during the construction phase.
The General Manager of the South Refineries Company (SRC), Hussam Wali, said construction is hoped to start early next year, and be completed within four years.
The $4-billion project will be funded by a loan from the Japan International Cooperation Agency (JICA).
(Source: Ministry of Oil)
55,000 barrel oil refinery creating 7000 jobs?? Is this Stone Age technology?
And 70,000 during construction??
Something is not right!!!
pls pls let them work peacefully without any corruptions, hurdles and harassments!
we do need these kind of projects ASAP. We need to appreciate these investors and welcome them in Iraq.
We need electricity projects , solar, combined cycle, waste to energy and more
We need to plant more trees all over Iraq NOW
Good luck to JGC!
Ibn Al Iraq.,, insha'Allah
Congratulations JGC. I still take pride when I was a member in your EPC commissioning team. It was a great experience working with your world class commissioning managers and management style. Wish you more power and success in the years to come😃
JAICA is great and did support lots of good projects worldwide that lasts more than decades.
hopefully our governments could cooperate better on development.