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Iran eyes international investment in oil sector

BAGHDAD, August 30, 2016

Iran eyes international investment in oil sector
Iran has invited international oil companies to invest in four new oil refineries, a report said.

The projects include Kirkuk (150,000 bpd), Kut (100,000 bpd), Samawa (70,000 bpd) and Basra (100-150,000 bpd), added the Iraq Business News in its report.

Contracts will be considered on both BOT (Build–Operate–Transfer) and BOO (Build–Own–Operate) bases, it said.

Iraq’s new oil minister, Jabbar al-Luaibi said the Ministry will announce other projects in the near future.


 




Tags: Iran | Refineries |

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