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Iraq extends bid deadline for Kut oil refinery
July 13, 2018
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BAGHDAD: Iraq has extended the deadline for foreign companies and investors to bid for a project to build a 100,000 barrel-per-day refinery in Kut province, the oil ministry said.

Investors interested in bidding have until October 4 to make offers.

The refinery, south of Baghdad, is one of several crude oil processing projects offered by Iraq as part of its plan to become self-sufficient in oil products.

Bidding documents provide for two investment models - build-own-operate (BOO) and build-operate-transfer (BOOT), it said.

Iraq is still in talks with Turkey and Kurdish regional authorities to resume Kirkuk oil exports through the Ceyhan port.

Reuters

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