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30 November 2023

Iraq’s Nineveh province set to award refinery deal

By Staff

A foreign company has made an acceptable bid to build a refinery in Iraq’s northern Nineveh governorate and a decision for contract awarding is to be made shortly, according to the province’s governor.

Atheel al Nujaifi said obstacles that have blocked the project had been removed and that measures to build the province’s first refinery are “progressing well”.

“A foreign company has presented a bid to build the refinery and agreed to all our terms and regulations,” he was quoted as saying by the Iraqi Al Sumaria news network.

“These results, which we have reached, will be presented to the governing council on Wednesday for approval…an agreement by the council will lead to the start of work on the refinery project within a short period of time.”’

Nujaifi did not name the bidder, but last week he was reported as saying only two companies had shown interest in setting up the refinery including a Turkish company and a joint UAE-Kurdish venture. He said the governorate had already formed a committee to discuss the bids with the help of “international experts.”

In late 2013, Nineveh oil officials said the planned refinery could have an output capacity of 100,000 barrels per day.