The Iraqi Council of Ministers has approved an increase in the consultancy contract amount for the Basra Refinery Development / Fluid Catalytic Cracking (FCC) Project with Japan’s UNICO and France’s Technip.
The decision also includes an extension of the contract duration, granted as an exception to Government Contracting Instructions No. (2) of 2014.
This move aligns with Iraq’s strategy to modernize refining capacity and enhance fuel production efficiency.
(Source: PMO)