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Iraq extends bid deadline for Kut oil refinery project - Ministry

Gasoil News - Published on Thu, 12 Jul 2018

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Reuters reported that Iraq has extended the deadline for foreign companies and investors to bid for a project to build a 100,000 barrel-per-day refinery in Kut province, the oil ministry said. The ministry said in a statement that investors interested in bidding have until October 4 to make offers.

The refinery, south of Baghdad, is one of several crude oil processing projects offered by Iraq as part of its plan to become self-sufficient in oil products.

It said that bidding documents provide for two investment models - build-own-operate and build-operate-transfer.

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Posted By : Nanda Koijam on Thu, 12 Jul 2018
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