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By John Lee.
The Iraqi Cabinet has approved a plan to expand Diwaniya Refinery.
According to details released from the cabinet meeting this week, capacity at the plant will be increase to nearly 70,000 barrels per day (bpd),
(Source: Govt of Iraq)
The post Diwaniya Refinery to be Expanded first appeared on Iraq Business News.
By John Lee.
At the most recent meeting of Iraq’s Ministerial Energy Council, headed by Oil Minister Ihsan Abdul-Jabbar Ismail, the Council decided that the South Refineries Company (SRC) should “take the necessary steps” to develop the Shuaiba refinery in Basra Governorate.
It also urged the acceleration of work on the 140,000-bpd Karbala oil refinery, and recommended the study of the final steps for the development and expansion of the Al-Diwaniyah Refinery.
(Source: Ministry of Oil)
The post Ministerial Energy Council urges Progress on Refineries first appeared on Iraq Business News.
By John Lee.
The Ministry of Oil has extended the closing dates for tenders for two new oil refineries:
Companies interested in investing must submit their documents by the end of working hours on Sunday, 30th October 2018.
For further information please contact studies@oil.gov.iq or studies.oil@gmail.com.
(Source: Iraqi Ministry of Oil)
By John Lee.
The Ministry of Oil has said that investors interested in th3e 70,000-bpd Diwaniya refinery project have until the end of July to submit documents.
The full statement from the Ministry is shown below:
The ministry of oil would like to Re-announce for the investment refinery in Diwaniya governorate with a capacity of 70 thousand barrels / day.
re-announced for the investment refinery in Diwaniya governorate with a capacity of 70 thousand barrels / day.
The execution is according to the methods of BOOT or BOO and according to the investment law of the refineries No.64 for the year 2007 and its amendments.
The products of the refinery must be environment friendly according to the international standards.
The tax breaks must be according to the investment law No.13 for the year 2006.
In accordance with the second amendment of the investment law No.64 for the year 2007. The subtraction on the crude oil price over the ship is (8%) “The subtraction must be more than 5$ and less than 10$ of the global price”.
The studies, planning and follow-up directorate in the ministry of oil have prepared the data portfolio of the refinery and the price of the data portfolio shall be (30) thousand dollars “nonrefundable”.
The presentation of the documents will be to the Studies Planning & Follow-up Directorate directly in a closed envelop. Otherwise the documents will be rejected.
For further information please contact the E-mails (studies@oil.gov.iq) or (studies.oil@gmail.com).
(Source: Ministry of Oil)
By John Lee.
Iraq’s Ministry of Oil has invited international companies to bid for three new oil refineries, to be build on BOOT or BOO bases:
(Source: Ministry of Oil)
By John Lee.
Iraq’s Ministry of Oil has invited international companies to bid for three new oil refineries, to be build on BOOT or BOO bases:
(Source: Ministry of Oil)