(NAME NAME) A senior official in the Iraqi oil field said that Iraq is seeking to increase its crude oil refining capacity to one million and 140 thousand barrels per day during the next two years.
Hamid Al-Zobaei, Undersecretary of the Ministry of Oil, told Al-Sabah newspaper on Saturday, September 26 that, “The Iraqi Ministry of Oil has a plan to raise crude oil refining capacity from the current capacities of 680 thousand barrels per day to one million and 140 thousand barrels per day during the next two years by adding new units.” For the current refineries operating in Baghdad, Basra and Baiji, or by building new refineries with a capacity of 150,000 barrels for each refinery in the governorates of Maysan, Kirkuk, and Dhi Waqar to fill the internal consumption of oil derivatives and build the Faw refinery in Basra Governorate with a capacity of 300 thousand barrels per day for export purposes and complete the construction of the refinery in the province Karbala, currently under construction, with a capacity of 140 thousand barrels per day.
The Undersecretary of the Iraqi Ministry of Oil also said that “the Ministry of Oil will establish refineries according to the latest technologies and convert black oil to producing large quantities of high-octane gasoline and hydrogenated gas oil fuel, and raise the quality of products and quantities by adding naphtha isomerization units and black oil to light derivatives.”
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