The new refining chief says Karbala is on track, Missan is behind schedule, Nassiriya is open for offers, Kirkuk is ready for financing, and Basra can dip into petrodollars to build a new one.
Published Monday, May 11th, 2015
HOUSTON - Iraq's refining sector could play a key role in helping the country emerge from a crippling financial crisis.
By boosting domestic production of refined fuel, the government could cut down on expensive imports while also adding value to the output of its domestic oil sector. Costs would fall and revenues would rise.