FINANCIAL NEWS

Iraq grants USD6b contracts to South Korean consortium

13 Jan 2014

(MENAFN) Iraq has offered a South Korean consortium of four companies a contract worth USD6.04 billion to build a refinery in the central Karbala province, according to Emirates 24/7.

Hyundai Engineering is on the top of the four companies who signed the contract.

The contract between the State Company for Oil Projects and the consortium was approved by the cabinet.

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