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Iraq Invites Bids For Construction Of Samawah Oil Refinery

Construction project announced for 70,000 bpd capacity refinery

Iraq have invited bids for the construction of a new oil refinery in Samawah City, approximately 200 miles Southeast of Baghdad, with the refinery to have an output capacity of 70,000 barrels per day. 

A Ministry of Oil statement has revealed that Investors will be offered the project on a BOO (build-own-operate) or BOOT (build-own-operate-transfer) basis, with the deadlien for bids October 20th 2018.

Investors will be exempt from taxes for the construction of the environmentally friendly refinery.

Source: Zawya

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