Inspectioneering
News

Iraq Relaunching Investment Plans to Build New Downstream Facilities

S&P Global, August 29, 2016

Iraq's new oil minister Jabbar al-Luaibi has re-opened the door for international oil companies to invest in a number of new downstream projects across the country, including several refineries and storage terminals. Iraq is offering either a build, own, operate or a build, operate, transfer contract model for new refineries, where the private sector constructs the facility, operates it, and eventually hands it over to the government. The ministry would also like to double Iraq's crude oil storage capacity to 24 million barrels over the next few years through international investment, according to oil ministry spokesman Assem Jihad.

 

Click here to read the full article from S&P Global.


Comments and Discussion

There are no comments yet.

Add a Comment

Please log in or register to participate in comments and discussions.

Interested in equipment reliability & integrity? Sign up for weekly updates.

Inspectioneering Journal

Explore over 20 years of articles written by our team of subject matter experts.

Company Directory

Find relevant products, services, and technologies.

Job Postings

Discover job opportunities that match your skillset.

Case Studies

Learn from the experience of others in the industry.

Event Calendar

Find upcoming conferences, training sessions, online events, and more.

Industry News

Stay up-to-date with the latest inspection and asset integrity management news.

Blog

Read short articles and insights authored by industry experts.

Acronyms

Commonly used asset integrity management and inspection acronyms.

Asset Intelligence Reports

Download brief primers on various asset integrity management topics.

Videos

Watch educational and informative videos directly related to your profession.

Expert Interviews

Inspectioneering's archive of interviews with industry subject matter experts.