Thursday, March 15, 2007
$1 billion oil refinery to be built in Karbala
Reconstruction, Oil
(VOI) Iraqi oil ministry agreed to build a large oil refinery in Karbala, 110 km southwest of Baghdad, head of Karbala provincial council said on Tuesday. "The oil minister informed the provincial council during his visit to Karbala two days ago that the ministry agreed to build a large refinery in the province," Abdul-Al al-Yasseri told the independent news agency Voices of Iraq (VOI).
The official who did not set a date for commencing construction works in the project said "the oil ministry announced the project tender and is waiting for bids by international companies." He added, "the refinery designed capacity is 140,000 bpd." The new refinery will be set up on the highway linking Karbala to Najaf, 20 km south of Karbala while construction works are expected to continue for four years, al-Yasseri added. He said "the cost of building the refining facility is estimated at one billion U.S. dollars."
Labels: Karbala, Oil Ministry, oil refinery
