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Oil Report

Iraq to ask oil firms to build $2.5 bln refinery

BASRA, Iraq, March 22 (Reuters) - Iraq will invite international oil companies to invest more than $2.5 billion in building a 150,000 bpd refinery in the southern province of Maysan, a senior local official said on Sunday.

“We will ask international companies specialised in constructing and running refineries to build a major refinery near the Bazargan oil field,” Ali Warid, chairman of the local government’s Maysan Investment Office, told Reuters. (Reporting by Aref Mohammed; Additional reporting by Ahmed Rasheed; Editing by Jason Neely)

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