Stay updated with breaking news from Basra Refinery. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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
The Japanese International Cooperation Agency has signed a loan agreement with the Government of Iraq for the Basra Refinery Upgrading Project
By John Lee. The Japan International Cooperation Agency (JICA) has ssigned a loan agreement with Iraq to provide a Japanese ODA loan of up to 203,060 million yen [$1.4 billion] for the Basrah Refinery Upgrading Project (V). This project will improve Iraq's capacity for producing oil products and the quality of such products by installing
By John Lee. Japan's JGC Corporation has said it expects its Iraqi oil refinery project to significantly increase its sales for the fiscal year starting 1st April 2022. Prime Minister Mustafa Al-Kadhimi laid the foundation stone for the new $4-billion Fluid Catalytic Cracking (FCC) complex at Basra Refinery in April 2021. The project will increase
Japan’s JGC, the lead EPC contractor for a 55,000 b/d Fluid Catalytic Cracking (FCC) complex at the 210,000 b/d Basra Refinery (MEES, 16 April 2021), is bu...