(photo credit: JPOST STAFF)
BAGHDAD - Iraq has extended the deadline for foreign companies and investors to bid for the construction and operation of a new 100,000 barrel per day (bpd) refinery near Mosul in the northern province of Nineveh, the oil ministry said on Sunday.
Bidding documents provide for two investment models – build-own-operate (BOO) and build-operate-transfer (BOOT), the ministry said in a statement.
Documents for the bidding process will be now available until May 15 instead of April 1 and the bidding will close on June 14 instead of May 15, it said.
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