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"Law No. (9) Of
2006 Of Importing and Selling Oil Products"
"courses of the
ministry"

"Law of
Private Investment in Crude Oil Refining"
"Development and
Production Service Contract"
"Technical Service Contract"
"General
Information for service contracts"
"SOMO'S MEASUREMENT POLICY"
"Announcement
for Pre-qualification
of The
Second Bidding Round"
"Extension
for Pre-qualification
of The
Second Bidding Round"
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The oil ministry signs a memorandum of
understanding with an Egyptian company to build a refinery in Mosul.
The Iraqi oil ministry signed an initial form of a memorandum of
understanding with the KALAA Egyptian Company to build a refinery in
Mosul with a power of 150 thousand barrel/ day.
Mr. Ahmed Al-Shamaa, the deputy minister of refining affairs shown
that the memorandum of understanding provides the basics to build an
investment refinery in MOSUL fed by crude oil from Najma & Kayara oil
fields.
Mr. Shamaa added that one of the privileges granted to the investor
according to the amended investment law is the possibility of
opening gas stations affiliated with the Ministry's commitment to take
advantage of oil products to be produced at the refinery. And assured
that the agreement gave the company three years to put the studies and
designs which will determine the possibility of the late construction
according to the production peak of the two refineries. As well as Mr.
Shamaa shown that the ministry took the decision of the refinery bulling
because it is the best way to make use of the heavy oil of the two
fields by producing the necessary oil products to meet the needs of the
domestic consumption. |