Minister of Finance Taif Sami: We signed the Japanese yen loan for the Basra Refinery Development Project (sixth installment) worth 60 billion and 40 million Japanese yen.

Minister of Finance Taif Sami: We signed the Japanese yen loan for the Basra Refinery Development Project (sixth installment) worth 60 billion and 40 million Japanese yen.

17-11-2024, 11:54
Iraq / World
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Share via : Minister of Finance Taif Sami: We signed the Japanese yen loan for the Basra Refinery Development Project (sixth installment) worth 60 billion and 40 million Japanese yen.

The Basra Refinery Development Project is considered one of the largest investment projects funded by an external loan.

◼ The project will contribute to supplying the Iraqi market with petroleum products that Iraq is currently importing.

◼ The environmental burden will be alleviated by introducing FCC catalytic cracking technology.

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