[size=36]Najaf Investment: Construction of an oil refinery to produce improved and normal gasoline[/size]
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granted the Najaf Investment Commission an investment license to establish an oil refinery to produce regular and improved gasoline.
The head of the authority, Durgham Kiko, told the official newspaper, "The authority granted an investment license to establish an oil refinery, which will produce both regular and improved gasoline, thus contributing to filling an important and large part of the local need for the two materials, especially the improved ones."
He added, "The province will open, in the same context, during the next two months, an investment oil refinery, whose production of gasoline and car oil will cover the needs of Najaf and neighboring provinces. It will also produce asphalt at a rate of 2,400 tons per day for its first phase, which will double to reach nine thousand tons per day." Which fully covers the governorate's needs.
Kiko added, "The project, whose completion rates have reached 95 percent, at a cost of $120 million on an area of 100 dunums, will achieve a quantum leap in industrial investment projects, as it will achieve integration in the production of oil derivatives, and it will also provide 800 job opportunities in the industrial field." Ended 29/N33