Iraq’s Ministry of Oil has initiated the tendering process for the construction of three refineries as Public-Private Partnership projects.
The three projects are as follows:
- 70,000 barrels per day (b/d) Al-Samawah refinery in Al-Muthanna governorate
- 100,000 b/d Al- Kut Investment refinery in Wasit governorate
- 150,000 b/d Al-Nasiriyah refinery in Al-Qadisiyah governorate
The price at which crude oil will be supplied to the refinery investor will be based on the international prices for one barrel of crude oil delivered in port of shipment Free on Board (FOB) basis less 8 percent of the international price of crude oil provided that the discount shall not be less than $5 and shall not exceed $10.
The closing date for submitting technical and commercial offers and required documents is 28 May 2023.
