Iraq is inviting companies to bid to build a 70,000-bpd oil refinery near the town of Haditha in the Anbar governorate, the oil ministry said on Thursday. Investors willing to take part in the tender have until June 14, 2018, to file offers, the ministry said. The Anbar refinery project is offered on a Build-Own-Operate (BOO) or a Build-Own-Operate-Transfer (BOOT) basis. Building the 70,000-bpd refinery at Anbar is part of Iraq’s program to boost its oil processing capacity and reduce its oil product imports. Earlier this week, Iraq’s Oil Ministry said that the country aims to reduce its oil product imports by 25 percent as it is seeking to refurbish and restart oil refineries after it expelled ISIS from its territory, without giving a timeline for that 25-percent import reduction. Iraq, OPEC’s second-largest oil producer, is adding more production units at refineries in the central and southern parts of […]