Ministry of Oil: Refining refineries by adding advanced technology units

Ministry of Oil: Refining refineries by adding advanced technology units
Ministry of Oil: Refining refineries by adding advanced technology units

 Range / Baghdad


The Minister of Oil Jabbar Ali Al-Allaibi said in a press statement that the ministry is keen to increase and improve the production of Iraqi refineries in order to reach self-sufficiency on the one hand, and reduce the proportion of the import of gasoline and the provision of hard currency to the federal treasury, noting that the opening of five new units have been completed by national efforts, That the completion of these new projects comes within the plans of the ministry to modernize Iraqi refineries, through the addition of new units working with advanced technology, which will contribute to improving the quality of fuel produced from the refinery Dora.
The ministry's Undersecretary for Liquidation Affairs, Fayad Hassan Nima, said that the ministry is working on developing ambitious plans to rehabilitate and develop the liquidation sector by inviting international companies to invest in five large refineries and modern technology spread over several governorates. Parties wishing to do so. The Undersecretary of the Ministry expressed hope that the selection of offers that achieve the objectives of the ministry.
Said that the national authorities contributed to increase the production of the refinery to the rate of 140 thousand barrels per day up to 150 thousand barrels by the end of this year, adding that the minister directed companies and departments concerned to accelerate the development of plans for the rehabilitation and operation of damaged refineries, including refineries Baiji, Chinese and modern and others, as well as the refinery of Qayyarah, which has been recently rehabilitated, continuing to say: Among the priorities of the Ministry is to accelerate the rehabilitation of oil facilities in the provinces affected by gangs and the provision of fuel and electricity to citizens in Nineveh province.
And on the importance of the opening of these refineries and production units, the expert on the oil issue Hamza al-Jawahiri said in an interview for (the range) that Iraq has some projects completed and the other on its way to completion of the production of improved gasoline, and it is very natural to have a special department to take care of this aspect of the production of oil derivatives, It is also a good thing. Murdafa: The fact that improved gasoline will be added to the markets and be a substitute for the importer, which is usually very expensive, while the Iraqi gasoline is also improved and the specifications of the world is very high and cost a few compared to the importer, but: but the price must be determined by the Ministry of Oil at the cost of production per liter or The so-called volume unit, and naturally there are certain calculations must be done by the ministry to determine the price.
"Most likely, it will depend on the same current prices in the market or at a lower rate to increase the budget more money, especially as Iraq is going through a financial shortage. Pointing out: That the first project has begun work to produce improved gasoline capacity of 10 thousand barrels per day of gasoline improved high grade "octane" which will be increased successively. "We also have lead-free gasoline on the verge of production, and some refineries are already producing," he said.
The oil expert is quoted as saying to (extent) as we are in the case of completion of the two large coffers are refinery Karbala, which is implemented by the national effort and produces 140 thousand barrels per day, and refinery Maysan 140 thousand barrels per day, which was contracted with a Chinese company to build, most of gasoline in Iraq The whole transfer will be of enhanced type and "high octane". Stressing: There is even the possibility to start exporting the surplus of gasoline and all other oil derivatives, especially as we now have surplus in white oil. The jeweler: That Iraq has other expansion projects in the refineries of Shuaiba and Dora and these refineries without a doubt, will have a good financial return fueling the Iraqi economy, will be provided about 4 to 5 billion dollars to import derivatives of gasoline and others will stop, when these refineries full capacity. "We will also supply all our gasoline needs and we can also improve electricity, let alone operate tens of thousands of workers in these refineries," he said, stressing the possibility of exporting oil derivatives.
The Ministry of Oil had earlier opened five new units for the production of gasoline, including projects hydrogen purification unit and improve the specifications of liquid gas, and the project of mixing fats and hydrogen production unit, and the unit of light naphtha produces improved gasoline, which contribute to reducing the import of gasoline By 20% and thus will provide the hard currency of the Federal Treasury, as well as the completion of the project to establish 10 reservoirs contribute to increase the energy of the reservoir of fat and asphalt.
The official spokesman of the Ministry of Oil Assem Jihad, said that the ministry decided to reduce the price of a liter of high-octane gasoline high to seven hundred and fifty dinars instead of nine hundred and fifty, adding that the stations equipped for this type of gasoline will start with the new price of reducing the price of gasoline to lower import costs .


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