Oil and Gas

Iraq invites bids to build oil refinery in Diwaniya

Investors interested in bidding to build a 70,000 barrel-per-day oil refinery in Diwaniya south of Baghdad have until July 31 to make offers, the Iraqi oil ministry said in a statement .

The refinery is one of several crude oil processing projects offered by Iraq as part of a plan to become self-sufficient in oil products.

Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries after Saudi Arabia.

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