Iraq’s newly-appointed Oil Minister Jabbar al-Luaibi plans to invite technically qualified companies to bid for contracts to build four new refineries with a combined crude processing capacity of 420,000 - 470,000 b/d.

Mr Luaibi wasted little time after his appointment on 15 August in setting out his top priorities. Alongside the refining expansion the other two are increasing oil and gas output by boosting exploration and investment (see p2) and improving the provision of petroleum...