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Kut OIl Refinery Bid Deadline Extended

Deadline extended by Iraq Oil Ministry

The Iraq Ministry of Oil has extended the deadline for bids from foreign investors and companies for the building of the 100,000 barrel per day Kut oil refinery, with bidders now having until the 4th October 2018 to submit their offers.

There are bidding documents available for two different models of investment. These are build - own - operate (BOO) and build - operate - transfer (BOOT).

The project is one of many projects in the pipeline for Iraq to boost its crude oil processing and become self sufficient in oil products.

Source: Reuters.

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