Home
Oil signs a contract project adds 70 thousand barrels per day of derivatives
22/10/2015:
Counselor / Follow-up: The Oil Ministry announced Toukaaha Jakih a contract with the company to create a fourth refinery in the South Refineries Company, indicating that the project will add 70 000 barrels per day. Said Undersecretary for liquidation Dhia Jaafar al-Moussawi in a press statement, that «the ministry signed a contract with Techno Export Company Algikip to create a fourth refinery in the South Refineries Company». He added that «the ministry is seeking to increase the production of oil derivatives to reduce the import and the signing of this contract will be the ministry has made a new step in it.» Moussawi pointed out that «the duration of the contract with Techno Export Company extends for two years starting from the activation of the financial dependence of the company». For his part, South Refineries Company director Mahmoud Abdel Amir said «the contract will add to refinery production company 70 000 barrels a day», pointing out that «the establishment of a unit refining fourth is a qualitative leap in fuel increase product locally». He said Abdul Amir «Algikip company is one of the international companies sober and that the ministry had already dealt with in eary
[You must be registered and logged in to see this link.]
