Iraq approves Change of Terms for Kirkuk Refinery Project

Last Update: 2024-10-26 04:30:27 - Source: Iraq Business News

By John Lee. The Iraqi Council of Ministers has approved the conversion of the Kirkuk hydrogenation and gasoline improvement project, with a capacity of 12,000 barrels per day, from a Build-Own-Operate (BOO) model to a Build-Operate-Transfer (BOOT) model. The refining fee for one barrel of oil has been set at $23, as previously determined by […]

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