Tag Archives | Refineries

The latest news on new Iraq oil refineries – crude oil – Baiji, Beiji, Bayji, Kirkuk, Maysan and more – brought to you by Iraq Business News

Southern Refineries to Increase Capacity by 33%

By John Lee. Iraq plans to increase capacity at its southern refineries to 280,000 barrels per day by the end of 2018. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] made the announcement at the opening of the second phase of the fourth unit project in the south refineries in Basrah governorate. The new project will […]

Iraq to Reduce Oil Products Imports by 25%

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has said that Iraq will reduce imports of petroleum products by 25 percent, as the country restarts production at refineries that were damaged by the Islamic State group (IS, Daesh, ISIS, ISIL). He said that restarting production at the Seeniya, Hadeetha, Qayara and Kirkuk refineries […]

Total may Bid for Nassirya Oil Refinery

By John Lee. France’s Total is said to be interested in bidding to build the greenfield 150,000-bpd Nassirya oil refinery. The Director General of the Dhi Qar Oil Company (DQOC), Ali Warid Hammood, told Reuters at the CWC Iraq Petroleum Conference in Berlin that bids are still open for the project, and that international oil […]

Qayara Refinery available for Investment

By John Lee. The Ministry of Oil has announced an opportunity to invest in a 100,000-bpd refinery at the Qayara field in Ninawa governorate. In a statement, the Ministry said: The execution is according to the methods of BOOT or BOO and according to the investment law of the refineries No.64 for the year 2007 […]

Iraq to Increase Oil Capacity by 40%

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has said Iraq plans to increase its crude oil production capacity from 5 million bpd at present to 7 million bpd by 2022. According to a report from Reuters, he added that Iraq needs $4 billion for new investments in its downstream oil industry, […]

Chinese Companies Win Al-Faw Projects

By John Lee. Iraq’s Ministry of Oil has awarded the Al Faw [Al Fao] refinery and petrochemicals project to two Chinese companies. In a statement, the ministy named the companies as Power China and “Nerco Chinese Companies“. Mr. Assim Jihad, the spokesman of the Ministry,  said the refinery will have a capacity is 300,000 barrels/day. […]

New Investment Opportunities: Refineries in Diwaniya and Anbar

By John Lee. Iraq’s Ministry of Oil has announced new investment opportunities to build the following refineries: A refinery in Diwaniya governorate with a production capacity of 70 thousand barrels/ day. A refinery in Al-Anbar governorate with a production capacity of 70 thousand barrels/ day. The investment is according to the methods of BOT or […]

Capacity Increased at Kirkuk Oil Refinery

By John Lee. The Iraqi Oil Ministry has said that the North Refinery Company (NRC) has successfully added 10,000 barrels per day (bpd) capacity at Kirkuk oil refinery. The new unit brings total capacity to 40,000 bpd, with another 10,000 bpd planned to be added by the end of the year. It will produce oil […]

More Details on New Basra Refinery Project

By John Lee. The Ministry of Oil has given more information on the new investment opportunity to build a new 300,000-bpd refinery in Basra’s Faw (Fao). The refinery is capable of being extended by adding new units for the petrochemicals industries. The execution is according to the methods of BOT or BOO according to the […]