Basra Refinery Development News Today

By John Lee. The Iraqi Cabinet has endorsed a recommendation for financing the Fluid Catalytic Cracking (FCC) project, which it says is contracted by the South Refineries Company (SRC) with a Japanese company. Iraq Business News understands this to be the Basra Refinery Development Project, which is to be built by Japan's JGC Corporation. The

By John Lee. The Japanese government has reportedly announced the initiation of seven new projects in Iraq, building upon their history of contributions to the nation. Futoshi Matsumoto (pictured), the Japanese ambassador to Iraq, told the state-run Iraqi News Agency (INA) that Japan has successfully executed 30 significant projects over the last two decades, all