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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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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