Industry: Signs New Contracts To Support The Oil Sector And Enhance The Capabilities Of Northern Refineries

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 Kurdistan Finance Ministry To Send 120 Billion Dinars To Baghdad Tomorrow


Money and Business   Economy News – Baghdad   The Ministry of Finance and Economy of the Kurdistan Region announced that it will send 120 billion dinars to Baghdad on Monday.

The ministry stated: "We will deposit 120 billion dinars of non-oil financial revenues for last October into the account of the Federal Ministry of Finance tomorrow, Monday."    https://economy-news.net/content.php?id=63649

Industry: Signs New Contracts To Support The Oil Sector And Enhance The Capabilities Of Northern Refineries

Sunday, December 21, 2025 | Economy Number of views: 399   Baghdad / NINA / Al-Faris General Company, one of the companies of the Ministry of Industry and Minerals, announced the signing of several contracts with the North Refineries Company.

According to a ministry statement, the company's Director General, Saif Al-Din Ali Ahmed, stated that "the signing of these contracts comes within the framework of joint cooperation between government companies and is the result of Al-Faris General Company's efforts to support the oil sector." 

He pointed out that the signed contracts included supplying pumps and their accessories as spare parts, supplying maintenance materials for the Qayyarah refinery furnace, in addition to establishing a cooling tower system for the Kirkuk refinery and supplying emergency pumps for the refining unit at the Salah Al-Din refinery.

He added that "the contracts also included the construction of a steam line for the North pumping and storage area/North Depot, the establishment of an electrical control valve system for all tanks along with the construction of the control system in the Sinniyah refinery section, and the design, supply, and installation of smart loading arms for petroleum products, in addition to other contracts." 

He emphasized the company's ability to support the oil sector and raise the efficiency of refineries according to approved technical standards. /End    https://ninanews.com/Website/News/Details?key=1267722


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