Middle East Economic Survey

VOL. XLVIII

No 13

28-March-2005

IRAQ

Iraq Holds Talks For Major New Oil Refinery

Officials from the Iraqi oil ministry held meetings on 21 March in ʹAmman with international oil contracting companies for the establishment of a $2bn, 250,000-300,000 b/d oil refinery to be carried out on a build-operate-transfer (BOT) basis either in Mosul in the north or near Basra in the south. The construction of a new refinery would enable the phased renovation of the Baiji and Daura...