The Oil Ministry has entered an exclusive 6-month negotiating window with the Refinery of Karbala Corporation for a $6.5 billion deal that would boost Iraq’s lagging downstream sector.
Refineries & Fuel
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The man brought in to clean up Beiji refinery has made good on his threat to quit the post, after death threats and little help from the government.
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Fuel dealers decry Oil Ministry policy restricting retail prices and limiting profits.
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UPDATE: date change Conference for four big refinery projects could more than make up for fuel demand, leaving foreign investors export options.
