Bloomberg News

Iraq Plans to Build Refinery When Developing Nasiriyah Oil Field

October 13, 2011

Oct. 13 (Bloomberg) -- Iraq will ask companies to build an oil refinery when it invites bids to develop the Nasiriyah field south of Baghdad, an Oil Ministry official said.

“We will not develop the Nasiriyah oil field on its own but in tandem with the establishment of a refinery,” Abdul- Mahdi al-Ameedi, the head of the ministry’s licensing department, said in an interview in Baghdad today. The refinery will have a capacity of 300,000 barrels a day, he said.

The ministry hasn’t specified a date for the tender and isn’t in negotiations on the plan, al-Ameedi said. It has informed foreign companies including Eni SpA, Nippon Oil Corp. and Chevron Corp. about the project, he said.

--With assistance from Nayla Razzouk in Amman. Editors: Rob Verdonck, John Buckley

To contact the reporter on this story: Kadhim Ajrash through the Dubai newsroom at kajrash@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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