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[size=36]Oil is developing a plan to fully cover the market's need for local oils[/size]
Economy | 06:02 - 08/10/2023
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Mawazine News - Baghdad
The Ministry of Oil announced today, Sunday, that advanced completion rates have been achieved in rehabilitating the fat refinery units in Baiji, while confirming the development of a plan to fully cover the market’s need for local oils.
The Deputy Director of the Project for the Reconstruction and Rehabilitation of the Fat Refinery in Baiji, Senior Engineer Muthanna Awaid Humaidan, said in a statement followed by Mawazine News: “Based on the directives of the Prime Minister, the Minister of Oil, and the Director General of the Northern Refineries, the reconstruction and rehabilitation of the Fat Refinery units was initiated. The reconstruction of the power units (critical path) and the first and third steam boiler units was initiated, and the completion rate reached 85 percent.”
Humaidan added, “The control systems have been reconstructed and simulation has begun for trial operation. As for Units 101 and 202, work is continuing on them and the completion rate has reached 75%. It is hoped that the critical path work will be completed in the first quarter of 2024.” He pointed out that “the path The current goal is to maximize gas oil production and aims to meet the needs of the local market and dispense with imports.”
He continued, "As for high-efficiency oils, we have begun the development phase, and we expect that by 2027 we will be able to produce oils with a capacity of 105,000 tons annually with high efficiency, covering the needs of local markets and dispensing with imported oils, according to a plan drawn up by the ministry."
The Ministry of Oil announced today, Sunday, that advanced completion rates have been achieved in rehabilitating the fat refinery units in Baiji, while confirming the development of a plan to fully cover the market’s need for local oils.
The Deputy Director of the Project for the Reconstruction and Rehabilitation of the Fat Refinery in Baiji, Senior Engineer Muthanna Awaid Humaidan, said in a statement followed by Mawazine News: “Based on the directives of the Prime Minister, the Minister of Oil, and the Director General of the Northern Refineries, the reconstruction and rehabilitation of the Fat Refinery units was initiated. The reconstruction of the power units (critical path) and the first and third steam boiler units was initiated, and the completion rate reached 85 percent.”
Humaidan added, “The control systems have been reconstructed and simulation has begun for trial operation. As for Units 101 and 202, work is continuing on them and the completion rate has reached 75%. It is hoped that the critical path work will be completed in the first quarter of 2024.” He pointed out that “the path The current goal is to maximize gas oil production and aims to meet the needs of the local market and dispense with imports.”
He continued, "As for high-efficiency oils, we have begun the development phase, and we expect that by 2027 we will be able to produce oils with a capacity of 105,000 tons annually with high efficiency, covering the needs of local markets and dispensing with imported oils, according to a plan drawn up by the ministry."
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