Iraqi Kurdistan To Shake Up Shadow Refining Sector

The KRG has invited bids for three medium-sized refineries. Besides boosting Erbil’s independence from Baghdad by expanding outlets for local crude, the government has plans to rein in topping plant operators.

The Kurdistan Regional Government’s (KRG) call last week for expressions of interest in building up to three oil refineries, each with 50,000-100,000 b/d capacity, was greeted as a major step in Erbil’s...