Kirkuk Governor Ribwar Taha Mustafa has signed a contract for the construction of the Kirkuk Refinery, which has a planned production capacity of 70,000 barrels per day (bpd).
The refinery will be built by Sulaymania-based Rania Group, and will reportedly cost around $2 billion.
During the signing ceremony, attended by Kirkuk Provincial Council members, government officials, and security representatives, the Governor hailed the refinery as a key driver of economic growth and job creation for thousands of workers.
He expressed gratitude to the Prime Minister and Cabinet Ministers for their support in approving and facilitating the project, which will be located near existing oil infrastructure, including North Gas Company (NGC).
According to a statement from Kirkuk Governorate, the refinery has secured all necessary sectoral approvals.
The Kirkuk administration has pledged full support to the investing company, emphasizing that the project will contribute to self-sufficiency in petroleum products, introduce advanced technology, and adhere to strict environmental standards to ensure community and environmental safety.
(Source: Kirkuk Governorate)
