Department contracts and licenses: During this month the announcement of a private licensing round for the establishment of oil refineries

Date: 11/02/2012 11:14:11 Friday



Baghdad (news) .. Associate Director of the Division revealed engineers at the Department of Contracts and Licensing of the Ministry of Oil Alaa al-Baghdadi, the date of the announcement for specialized licensing round for oil refineries sector during the current month, stressing there is a large international companies submitted bids for the establishment of nearly three new refineries in Iraq.

Baghdadi said (of the Agency news): The oil ministry in collaboration with the Department of Contracts and Licensing announce licensing round specialist to set up oil refineries in the country, and will be scheduled during the month of November.

And: that this qualifying round will be any bids for companies will be considered and evaluated by the Ministry of Oil and then gives them a ministry opportunity more than a month to study the terms of the contract and then be nominated qualified companies that can be relied upon when the assignment of contracts.

He added: the beginning of next year will see the announcement of the licensing round mini specialized for the development of the field of Nasiriyah and the establishment of the refinery where the production capacity (300) thousand barrels per day, in order to promote domestic production of oil derivatives because the country still imports petroleum products from abroad. / End / 8. N . p /



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Oil Ministry: a new licensing round to increase production of the Nasiriyah oil field and the establishment of a refinery with a capacity of 300 thousand barrels per day

Date: 11/02/2012 13:13:44 Friday



Baghdad (news) / Qais Mullah / .. intend Oil Ministry will soon announce a round of new licenses private field Nasiriyah oil exclusively to increase production of crude oil, as well as the establishment of refinery large investment in the field capacity of 300 thousand barrels per day within the investment deal and one under a single contract .
The spokesman of the Ministry of Oil, Assem Jihad, said in an interview (of the Agency news): that the tour will include for the first time the announcement of the development of the field of Nasiriyah, one of the producing oil fields mission in Iraq to increase production rates field, as well as the establishment of an oil refinery crude product field card 300 thousand barrels.

The field of Nasiriyah from giant oil fields in the country where the convergence reserves of about 4 billion and 355 million barrels.

Jihad said that the ministry will invite international companies specialized in the field of liquidation if completed procedures on this tour in order to qualify to compete for this huge project to be after holding workshops private tour with these companies and then conduct a sale information packages have to be able to submit bids to compete , pointing to the existence of considerable interest by the world's most prestigious companies to enter the field of competition in this area.

Within plans immediate and future prepared by the Ministry of Oil, Iraq is seeking to raise its oil production to more than 6 million barrels per day within the next six years, to 12 million barrels per day after ten years, at a time point when reservoir studies official installations hydrocarbon that reserves of Iraq's oil installer currently stands at 143 billion barrels.

Jihad said: that the coalition or the company will win the tender will be binding to develop and increase production of the field of oil at the same time having to establish an oil refinery, which will be of refineries important and modern in Iraq to be used where the advanced technology developed within the project contract.

And Jihad: The model contract for this tour and wording will be completely different for models and formulas contracts licensing rounds earlier as long as the deal will increase production of the field by the establishment of refinery large investment on the other, as would be a formula new contract specific to this round commensurate with that case .

He ruled Jihad: invite foreign oil companies operating in the Kurdistan region to participate in that round, stressing that the position of the federal government and the Iraqi Oil Ministry about those companies still clear and known to all and remains any new change on the official level.

The body oil fields Dhi Qar province has recently announced to raise the ceiling of production in the field of Nasiriyah oil to 40 thousand barrels per day on average constant, confirming its intention to raise the rate of oil production in the field to 50 thousand b / d by early next year and as planned, and before that announced Southern Oil Company in the ninth of last Sept. raise production capacity in the Nasiriyah oil field to 35 thousand barrels a day, after it was a capacity not exceeding 10 thousand barrels per day.


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