By John Lee. Iraq's Ministry of Oil has announced plans to increase production capacities of refineries, aiming to improve quality, adhere to environmental standards, and eventually move towards exporting oil derivatives. Currently, production in southern refineries is at 280,000 barrels per day, with the Karbala [Kerbala] refinery contributing 140,000 barrels, according to a report from […]
Tag Archives | Faw oil refinery
Agreement Signed for Al-Faw Refinery Project
By John Lee. The preliminary principles agreement for the Al-Faw investment refinery project has been signed in Baghdad. The refinery will have a capacity of 300,000 barrels per day, while the petrochemical complex will be able to produce 3 million tons [per annum?]. The Minister of Oil, Ihsan Abdul-Jabbar Ismail, said that this project will […]
Iraq Pushes Faw Refinery Project
By John Lee. The Iraqi Ministry of Oil has invited international companies to participate in the competition to implement the Faw Refinery Project in Basra. The project will be offered on a BOO (Build, Own, Operate) or BOOT (Build, Own, Operate, Transfer) basis. Oil Minister Ihsan Abdul Jabbar Ismail said the refinery will be environmentally […]
Iraq to Build 5 New Refineries
By John Lee. The Iraqi Ministry of Oil has reportedly announced that it will select a number of international investment companies to build five new refineries around the country: Kirkuk with a capacity of 70,000 barrels per day (bpd); Wasit capacity of 140,000 bpd; Nasiriyah capacity of 140,000 bpd; Basra card 140,000 bpd; and al-Faw […]