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Iraq province meets delegation for $2.9bn refinery

by Kevin Baxter on Feb 3, 2010

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An investment division from the Iraqi province of Diwaniya has met a delegation from foreign companies interested in building a US$2.9 billion oil refinery in the area.

Aswat Al-Iraq reported that the refinery will be built around the Diwaniya city about 180 kilometres south of Baghdad.

"The refinery will have a production capacity of 140,000 barrels per day," Eng. Hakim al-Khozaee, the commission's director general, is quoted by Aswat al-Iraq as saying.

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Khozaee did not disclose the exact identity of the delegation, but said thet they had proposed to complete the facility within 30 months of starting its construction.

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