Iraq increases its refining capacity by 360,000 barrels in one year
An Iraqi worker adjusts a control valve at the Daura oil refinery, Baghdad, Iraq. Photo: Getty Images
Baghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan Abdul-Ghani, announced that the refining capacity in Iraq has been increased by 360,000 barrels in one year.
Abdul-Ghani affirmed that the Oil Ministry is eager to increase the refining capacity to achieve self-sufficiency in oil derivatives and eventually transition to exporting its surplus, according to a statement cited by the Iraqi News Agency (INA).
The Iraqi Oil Minister commended the completion of the isomerization unit for gasoline production in the South Refineries Company with a capacity of 1,300 cubic meters per day and another unit in the Midland Refineries Company with a capacity of 750 cubic meters per day.
According to the Iraqi official, this helps to cut the amount of gasoline imported by almost 2,000 cubic meters.
Abdul-Ghani indicated that the South Refineries Company’s fluid catalytic cracking project is a promising initiative that will help reduce the import of high-octane gasoline, noting that production is expected to start in mid-2025 with a 5,000 cubic meter capacity.