Abstract
The contract for private investment in the establishment of refineries for crude oil refining is one of the essential contracts in light of the development taking place in the transformational oil industries. It is considered one of the basic pillars of the countries hosting investment, which prompted most countries to issue legislation to attract investment in the establishment of refineries and organize its procedures. In Iraq, Law No. 64 of the year was issued 2007 amended to give a large space for investing companies in attracting foreign and national investments and in granting the private sector the establishment and ownership of projects for refining and refining crude oil and all procedures emanating from its investment. Therefore, Iraq tended to offer several refineries for investment in several governorates to increase local production capacities, improve quality and achieve flexibility Addressing shortages and bottlenecks in refineries by providing an appropriate legislative environment to regulate this type of investment.
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