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[size=36]Minister of Oil: Reducing the value of importing oil derivatives by two billion dollars[/size]
Economie| 12:52 - 12/06/2021
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Baghdad - Mawazine News
Oil Minister Ihsan Abdul-Jabbar confirmed, on Saturday, that the value of importing oil derivatives has been reduced by two billion dollars.
Abdul-Jabbar said in a televised statement, "The reduction in the value of importing oil derivatives will amount to two billion dollars," noting that "the ministry has completed three projects in the Central Refineries Company - Al-Dora Refinery."
He pointed out that "these projects are the opening of a new isomerization unit that produces more quantities than the previous ones of improved high-octane gasoline, as well as the opening of a hydrogen plant that contributes to the production of light derivatives such as improved gasoline, as well as the completion of a set of tanks for light derivatives," noting that " These projects will contribute to reducing the import of the materials they produce by more than 50%."
Abdul-Jabbar explained that "the new projects implemented by the staff of the Central Refineries Company will reduce the import value by 90% by the end of 2022, in addition to providing job opportunities for young people." Ended 29/A43
Oil Minister Ihsan Abdul-Jabbar confirmed, on Saturday, that the value of importing oil derivatives has been reduced by two billion dollars.
Abdul-Jabbar said in a televised statement, "The reduction in the value of importing oil derivatives will amount to two billion dollars," noting that "the ministry has completed three projects in the Central Refineries Company - Al-Dora Refinery."
He pointed out that "these projects are the opening of a new isomerization unit that produces more quantities than the previous ones of improved high-octane gasoline, as well as the opening of a hydrogen plant that contributes to the production of light derivatives such as improved gasoline, as well as the completion of a set of tanks for light derivatives," noting that " These projects will contribute to reducing the import of the materials they produce by more than 50%."
Abdul-Jabbar explained that "the new projects implemented by the staff of the Central Refineries Company will reduce the import value by 90% by the end of 2022, in addition to providing job opportunities for young people." Ended 29/A43
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