Iraq delays Nasiriyah refinery bid round

15 January 2014

Nasiriyah Integrated Project pushed back to mid-June

Iraq’s Oil Ministry has pushed back the bid deadline by six months to 19 June for its planned new refinery and oil field development at Nasiriyah.

Bids had been due on 23 January, but the Petroleum Contracts & Licensing Directorate (PCLD) announced that the Naisirya Integrated Project bid round will be delayed to allow more time to modify the scheme’s model contract and allow comments from international oil companies.

The project covers the development of the Nasiriyah oil field in the Thi-Qar province in southern Iraq, along with the construction and operation of a new integrated 300,000 barrel-a-day (b/d) refinery, the largest in a raft of new downstream facilities planned by Iraq.

On 7 January, the Iraqi cabinet approved a South Korean consortium, led by Hyundai Engineering & Construction for the construction of a $6m new refinery at Karbala, which will be the first of the new greenfield facilities.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.