IRAQ

 

Iraq Defends Misan Refinery Deal

 

Iraq’s Oil Ministry has defended its decision to award the 150,000 b/d Misan greenfield refinery project to Swiss firm Satarem, after Iraqi consultants raised concerns about the deal. The ministry posted a “clarification about Misan refinery” on its website on 18 December 2013. This outlines Baghdad’s position on the award, but also confirms the problems the oil ministry faces in attracting international...