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

Iraq Plans to Export Oil Derivatives

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 […]

Iraq Reopens al-Shamal Refinery after a Decade of Inactivity

By John Lee. On Friday, Prime Minister Mohammed Shiaa Al-Sudani reopened the al-Shamal refinery at the Baiji Refinery complex. The plant has been rehabilitated by the Northern Refineries Company (NRC), having been inactive for more than ten years. The Prime Minister said the opening brings Iraq closer to fully securing the country's needs for petroleum […]

Officials Inspect Rehabilitation Projects at Baiji Refinery

By John Lee. A government delegation, led by the Prime Minister's Energy Advisor, Mr. Faiad Hassan Naima, and the Deputy Minister of Oil for Refining Affairs, Mr. Hameed Younis, visited the Baiji Northern Refinery on Thursday, October 19, 2023. The purpose of this visit was to assess the progress of the rehabilitation and reconstruction project […]

Karbala Refinery Capacity Increased to 140,000 bpd

By John Lee. The Iraqi Ministry of Oil has announced the increase in production capacity at the Karbala refinery to 140,000 barrels per day (bpd), following the activation of several production units. Mr. Hamed Younis, the Deputy Minister for Refining Affairs, said that the Ministry is committed to implementing the directives of the Deputy Prime […]

Iraq may Add New Capacity to Najaf Refinery

By John Lee. During an inspection visit to the Najaf Refinery, Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil emphasized the ministry's commitment to enhancing and expanding the refining capacities of national refineries. The goal is to support dedicated efforts in line with the ministry's objectives, including improving the quality of petroleum […]

Rehabilitation of 150,000-bpd Iraqi Refinery Underway

By John Lee. The Minister of Oil has announced that the ongoing efforts to rehabilitate the Northern Refinery in the "Samoud Complex" in Baiji, with a capacity of 150,000 barrels per day (bpd), will be completed by the end of 2024. He highlighted the government's attention and the direct involvement of the Prime Minister in […]

Iraq and Qatar sign Major Commercial Agreements

By John Lee. Iraq and Qatar have solidified their bilateral relations through the signing of several agreements and memorandums of cooperation. Prime Minister Mohamed Shia Al-Sudani and the Emir of Qatar oversaw the signing ceremony, emphasizing comprehensive cooperation in politics, economy, energy, and investment. A joint declaration of intent was signed, paving the way for […]

Oil Minister Discusses Karbala Refinery with Korean Consortium

By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani, recently met with the Chairman and members of a consortium of Korean companies, led by Hyundai. The meeting, which included the General Manager of the State Company for Oil Projects (SCOP) and the General Manager of the Midland Refineries Company (MRC), focused on discussing the consortium's […]

Tenders Announced for 3 Oil Refining Opportunities in Iraq

By John Lee. Iraq's National Investment Commission (NIC) has announced the details of three investment opportunities in the oil refining sector. Please click on the links below for more information: Nasiriyah Refinery in Dhi Qar Governorate, with a capacity 150,000 bpd; Al-Kut Refinery in Wasit Governorate, with a capacity of 100,000 bpd; Samawah refinery in […]

PM Opens Karbala Refinery

By John Lee. The Karbala Oil Refinery, Iraq's first oil refinery to operate with modern technologies, has been opened by Prime Minister Mohammed S. Al-Sudani. Built by Korean company Hyundai, the refinery has a capacity of 140,000 barrels per day and meets the latest environmental-friendly European standards. It includes a power plant with a capacity […]

New Investment Opportunities in Iraqi Oil Refining

By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani, has announced several investment opportunities in the oil refining sector: Maysan Refinery [Missan Refinery], with capacity of 150,000 barrels per day (bpd); Qayyarah Refinery in Nineveh governorate, with a capacity of 70,000 bpd; A black oil hydrogenation project in Basra Governorate, with a capacity of 30,000 […]