Editor: the AT 29/8/2016 17:48 Number ofViews: 1328
Long-Presse / Baghdad
Revealed agency Platts US competent in the field of oil and energy, on Monday, in the face of Iraq's big challenges for re-construction project four refineries to invest in a way, was launched years ago, and showed that investment contracts include the construction and ownership and operation, confirmed that the Oil Ministry is planning to double crude oil storage Astaapeh capacity of up to about 24 million barrels.
The agency said in a report published, and I followed (the long-Presse), "the Iraqi Oil Ministry is trying to refer to the program called for him four years ago to build four new refineries to invest in a way," noting that "investors contracts include options ranging from construction and ownership and operation of the contract, or contract build and operate. "
She Platts, said that "the Iraqi side long sought to attract investors to build refineries," adding that "the Baghdad government program has been offered in various formats since 2008, but there was no chance to attract investors, while set another date for the tender offer to be put in the public 2013 but was delayed since then. "
She Platts, that "the need for Iraq to refineries has become more necessary to absorb quantities of oil, especially after the closure of the Baiji refinery giant, following the events of 2014, which reaches capacity Alkhoznip to 310 thousand barrels of crude oil a day," adding that "one of the planned facilities have currently refineries highlights oil refinery in Karbala as a constructive mode only visible with a capacity of up to 200,000 barrels per day, which is still under construction, with a deadline date of its completion by the year 2019 ".
She agency Platts, said that "the Iraqi Oil Ministry also plans and through international investment to double the capacity for the storage of crude oil over the next few years to reach 24 million barrels."
The Committee on Oil and parliamentary power, warned in the (15 April 2016), the seriousness of the control of the organization (Daesh) on the Baiji refinery being will affect the future of the oil sector in the country, and accused the oil sector management as "were not" required level technically did not work the establishment of a huge refineries to meet local need and avoid the country's import of oil derivatives, large amounts of money, and called upon to build new refineries in record time, an oil expert called for the speedy establishment of the fact that the existing refineries does not meet only 80% of domestic demand in natural situations.
The Oil Ministry has developed a plan to embark show multiple sites for the establishment of refineries to invest, including in Karbala, Nasiriyah, Missan and Kirkuk, to meet the country's need of oil derivatives and the transition from import to export derivatives stage.
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