UAE investors bid for Basra refineryBASRA — Bin Khalid Investment Group, of the United Arab Emirates, is making a bid to invest in a Basra oil refinery with a projected production capacity of 300,000 barrels per day (bpd).“Our investment project will be one of the major projects in Iraq,” said Firas Jabar al-Saadi, the director of Bin Khalid.Haider Ali Fadel, the head of the Basra Investment Commission, said the project “will enable the development of oil production as well ...
Beyond the Headlines: May 9-15
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