ENERGY

Iraq invites bids to build oil refinery in Diwaniya

A general a view of Badra oil field in Kut province, Iraq December 6, 2017. (File photo: Reuters)

Investors interested in bidding to build a 70,000 barrel-per-day oil refinery in Diwaniya south of Baghdad have until July 31 to make offers, the Iraqi oil ministry said in a statement on Tuesday.

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

Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries after Saudi Arabia.

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Last Update: Tuesday, 15 May 2018 KSA 21:21 - GMT 18:21
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