By John Lee. Japan has offered a loans of about 120 billion yen ($1.24 billion) to Iraq to build a new refinery and rebuild a port. Nikkei reports that Japan will initially lend 82.7 billion yen to build a refinery to extract natural gas liquids at the Rumaila oil field, while a second loan of […]
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Tags: Chiyoda Corp, Japan, JGC Corporation, Khor Al-Zubair, Refineries, Rumaila, Toa Corp, Toyo Construction, Toyota Tsusho
Iraq Shortlists 7 for Nasiriya Integrated Project
By John Lee. Iraq’s Petroleum Contracts and Licensing Directorate (PCLD) has announced that seven international oil companies (IOCs) have been selected to bid for the development of its Nasiriya oilfield and refinery: Zarubezhneft, from Russia (Up and Downstream); CNPC, from China (Downstream); Brown Energy, from US (Downstream); Reliance Industries, from India (Up & Downstream); Lukoil, […]
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JX Holdings to Develop Giant Nassiriya Oilfield?
There is a chance Iraq may hold one-on-one talks with a Japanese consortium led by JX Holdings to develop the giant Nassiriya oilfield, Iraq’s Deputy Oil Minister Ahmed al-Shamma said today, adding that a decision would depend on the policy of the new government in Baghdad. The comments came after the country’s Deputy Prime Minister […]
Iraq Completes 25% of Nasiriya Oil Field Development Plan
Iraq says it has completed 25% of the plan to develop its Nasiriyah oil field.