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 to Expand Haditha Refinery

By John Lee. Iraq's Minister of Oil, Ihsan Abdul Jabbar Ismael, has laid the foundation stone for a new 20,000-barrel-per-day production unit at Haditha Refinery, in Anbar province. The new unit will increase production at the plant to 36,000 barrels per day. The General Director of the North Refineries Company (NRC), Qassem Abdel Rahman, said […]

Cabinet commits resources to Dhi Qar province

The Iraqi Cabinet held an extraordinary meeting in the city Nasiriyah in Dhi Qar province on Monday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. At the start of the meeting, the Prime Minister said that the people of Dhi Qar had sacrificed much for Iraq, but they have suffered from the consequences of past marginalisation. […]

JGC signs Contract for Basra Refinery Upgrade

By John Lee. Yesterday (Thursday), the South Refineries Company (SRC) and Iraq's Ministry of Oil (MOO) signed the contract with Japan's JGC Corporation to start construction of a new Fluid Catalytic Cracking (FCC) Complex at Basrah Refinery. The project is funded by the Japan International Cooperation Agency (JICA)'s ODA (Official Development Assistance) loan project. The […]

Japanese Firm awarded $3.7bn Iraq Deal

JGC Holdings Corporation announced today that JGC Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, has been received the Letter of Award for the Basrah Refinery Upgrading Project for an Iraqi oil refining company under the Iraqi Ministry of Oil. Details of the project are as follows.   […]

Japanese Firm Wins $4bn Iraq Project

By John Lee. Iraq's Council of Ministers has approved a contract with Japan's JGC Corporation to build a 55,000-bpd refinery in Basra province. According to a statement from the Ministry of Oil, the new plant will create 7,000 jobs, in addition to 70,000 during the construction phase. The General Manager of the South Refineries Company […]

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 […]

Refineries Blockaded as Protests Continue

By John Lee. Anti-government protesters reportedly blocked the entrance to the Nassiriya oil refinery on Wednesday. Sources told Reuters that protesters blocked tankers from entering the refinery, causing fuel shortages across Dhi Qar province. The refinery has capacity of 30,000 barrels per day (bpd), but has recently been producing only 15,000-20,000 bpd. Anadolu Agency also […]

Iraq, Oman to Cooperate on Oil and Gas

By John Lee. Iraq and Oman have signed a memorandum of understanding (MoU) on cooperation in the oil and gas sector. Both sides will investigate the construction of oil storage facilities in both countries, the export crude oil to Oman, and the import of oil products back into Iraq. They will also consider building a […]

Canadian Firm Wins Nassiriya Refinery Contract

Iraq's Oil Ministry has approved a preliminary agreement with Vancouver-based Pacific Future Energy to build a refinery in Nassiriya. Pacific is likely to work on the project in tandem with SNC-Lavalin, a Montreal-based engineering and construction firm that has a partnership with Pacific dating back to 2015, and longstanding ties in Iraq. More details here […]