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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq is seeking to increase its refining capacity to 1.5 million barrels per day by 2021

    Rocky
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    Iraq is seeking to increase its refining capacity to 1.5 million barrels per day by 2021 Empty Iraq is seeking to increase its refining capacity to 1.5 million barrels per day by 2021

    Post by Rocky Tue 13 Jun 2017, 1:25 am

    Iraq is seeking to increase its refining capacity to 1.5 million barrels per day by 2021


     Baghdad / term

    Iraq plans to double refining capacity by 2021 in order to get rid of dependence on imports of refined products. According to the agency, "US Bloomberg", quoting Deputy Oil Minister Fayyad's grace, that "the processing capability will increase to 1.5 million barrels per day from more than 500 thousand barrels currently," noting that "the country is spending more than two billion dollars a year to import gasoline and gas" . He added blessing, that "the planned factory created include a second refinery in Basra, 300 thousand barrels per day, while the tender closed on a project for a refinery proposed in Kirkuk 70 thousand barrels, and in Nasiriyah conducted two companies Chinas talks about the refinery facility of 150 thousand barrels." In Karbala, financial delays have hampered a project to build a refinery of 140 thousand barrels per day, where the government has contracted with Hyundai Engineering and Construction to build, while the government is currently trying to get two billion dollars to cover the shortfall in funding for the project. It faced previous plans to expand refining setbacks and delays, even in the security of stable areas, where the government announced in 2012 its quest to reach the refining capacity of 760 thousand barrels per day, by the beginning of next year, but this has not been achieved, especially with the lack of funds due to lower oil prices worldwide with the beginning of 2014. the country is also looking forward to getting energy processing abroad, not only by increasing the production of fuel, but open Iraqi crude oil markets. He said grace, "The government is in talks with China and Oman to invest in refineries and warehouses and is planning to conduct similar discussions with Singapore and Indonesia."



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