December 29 2017 10:23 p
Revealed to the Committee on Oil and Gas Council of the province of Basra, said the interest rate of the Japanese loan of 2% to be repaid over forty years
, said Chairman of the Committee, Ali Shaddad knight, " The Japanese government has agreed to give Iraq a loan of two billion and 100 million dollars for the implementation of A set of rehabilitation projects in Basra oil refinery at an interest rate of 2%. These funds will be allocated for the implementation of a series of vital and strategic projects in Basrah Refinery aimed at developing the refinery and access to daily production of 4500 tons of improved gasoline and 27000 barrels of oil Fuel and (40,000) barrels of hydrogenated gas oil produced for the first time In Iraq and according to international specifications, in addition to the production (500) tons of liquid gas, which enhances the actual need.
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