Oil: Karbala Refinery has achieved great progress in the refinery sector
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Economy News
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Added 11/18/2023 - 12:00 PM
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Economy News
Today, Saturday, the Ministry of Oil expected an imminent date for the completion of the project to rehabilitate and reconstruct the northern refineries before the project’s time limit expires. While it confirmed that the Karbala refinery has achieved great progress in the refinery sector and its derivatives are available at fuel filling stations, it announced an increase in production and an improvement in the quality of the products of the southern refineries in accordance with European specifications. .
The spokesman for the Ministry of Oil, Assem Jihad, said, “The Al-Samoud refineries include (Salah al-Din 1, Salah al-Din 2, the North refineries, in addition to the fat refineries), noting that “these refineries belong to the North Refineries Company.”
Jihad added, "Since these refineries have been subjected to sabotage and destruction during the war on the terrorist gangs ISIS, the percentage of destruction in many of the facilities of this complex has reached more than 90 percent."
He pointed out that "the Ministry of Oil succeeded during the last period in rehabilitating the Salah al-Din Refinery 1 and the Salah al-Din Refinery 2," indicating that "the Ministry, with the national effort of the employees of the Northern Refineries Company, the oil companies and the permanent companies, and the available capabilities, was able to rehabilitate and reconstruct these refineries, which produce 120 -130 thousand barrels.
He pointed out that "the Ministry, during the past months, began rehabilitating and reconstructing the northern refineries, and developed a plan to complete, rehabilitate and reconstruct the northern refineries with a capacity of 150 thousand barrels per day, in the first quarter of next year," expecting "the project to be completed before the specified time limit."
He explained, “When this project is completed and opened, the capacity of the refinery will be between 270 to 280 thousand barrels per day, and thus it will provide many local needs, whether for electric power stations or the provision of oil derivatives. Thus, the Ministry of Oil will have succeeded in rebuilding in a record period and returning.” production to high levels.
He continued, "The Ministry of Oil had previously sent an invitation to international companies to invest in a group of refineries in the governorates of Iraq from Basra to Dhi Qar, Maysan, Diwaniyah, Kirkuk and Nineveh, and any request submitted by the companies that is consistent with the Ministry's plans and achieves its goals will be welcomed."
He stressed that “there is great progress achieved in the refinery sector through the opening of the Karbala refinery, the derivatives of which are currently available in fuel filling stations,” noting that “there is great progress in the Al-Azmra project in the southern refineries, and there is more than one project, including a project with a capacity of 55 thousand barrels.” Another will be opened in the near future.”
He continued his speech: “Therefore, there is an increase in production and an improvement in the quality of the products of these refineries in accordance with European specifications, which are called “Euro 5.”
Regarding the associated gas in the Kirkuk fields, Jihad said, “All quantities of gas are invested according to production in the Kirkuk fields, and when production increases, the quantities invested increase,” pointing out that “electric power stations and other sectors are supplied, meaning the electrical energy invested, through investing the gas associated with the operations.” "oil."
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Added 11/18/2023 - 12:00 PM
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