Iraq inks $6 billion refinery deal - Your Middle East:
"Iraq on Thursday signed a $6 billion deal for the construction and operation of an oil refinery with a capacity of 150,000 barrels per day, a government statement said.
The statement on Prime Minister Nuri al-Maliki's website said he attended a signing ceremony for the deal between "the oil ministry and Swiss company SATAREM."
"Today, we sign a contract for an important investment project... which will contribute (to) filling the country's need for petroleum products," it quoted Maliki as saying.
The statement did not specify whether the contract was an initial or final agreement, or if cabinet or parliamentary approval was still required."
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