Oil Jakih conclude a contract with the company to create a fourth refinery 10/20/2015
Oil Jakih conclude a contract with the company to create a fourth refinery
10/20/2015 0 Comments
BAGHDAD / JD / .. The Oil Ministry announced it signed an agreement with Jakih company to create a refining fourth, as pointed out that the contract will add to refinery production 70 companies thousand barrels per day.
The ministry said in a statement received / JD / copy of it: a contract was signed with Company "Techno Export" Algikip to create a refining fourth in the South Refineries Company. The statement quoted Undersecretary for liquidation Jafar said the ministry is seeking to increase the production of oil derivatives to reduce the import and the signing of this contract will be the ministry has made a new step in it. He said that the contract period with Company "Techno Export" Algikip extend for two years starts from the activation of the financial dependence of the company.
For his part, South Refineries Company director Mahmoud Abdel Amir said that the contract will add to refinery production 70 companies thousand barrels per day. He said that the establishment of the unity of the fourth refinery is a qualitative leap in increased fuel Product locally.
He noted that the company Algikip is one of the international companies sober and already the ministry that dealt with earlier.
For his part, Thomas Director in the company Algikip stressed that his company will make great efforts to complete the contract within the agreed time limit and the synthesis of modern technology as well as the oil industry development in Iraq.