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Oil: Plans to develop facilities and add new units to raise the quality of products
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Economy News - Baghdad
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Added 03/10/2024 - 9:40 PM
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Economy News - Baghdad
The Ministry of Oil confirmed, on Sunday, stopping the import of white oil and gas oil after operating the Al-Shamal refinery in Baiji. While it indicated work to increase gasoline production and stop its import in a record period, it confirmed the development of plans to develop oil facilities and add new units to raise the quality of its products.
Deputy Minister of Oil for Refining Affairs, Hamid Younis, said in a statement reported by the official news agency, and seen by Al-Iqtisad News, that “the (North) Baiji refineries, which were recently opened by Prime Minister Muhammad Shiaa Al-Sudani, include a group of 3 refineries, one of which is Salah al-Din and one with a capacity of 70,000.” Barrel and Saladin, two with a capacity of 70 thousand barrels, and the North Refinery with a capacity of 150,000 thousand barrels,” indicating that “work is now underway to raise the quality of these products.”
He added, "The refineries of Holy Karbala and the North entered service recently, and the fourth unit in the Basra Refineries Company with a capacity of 70,000 barrels also entered service," pointing out, "We currently import gasoline daily with a volume ranging between 3-4 million liters."
He continued, "The quantities of gasoline produced from the North Refinery amount to 3 million and 600 thousand liters per day, 3 million and 500 thousand liters of gas oil, and 1 million and 300 cubic meters of white oil, which is equivalent to 7 and a half million black oils," explaining that "the import of white oil and gas oil has been stopped." After operating the refinery due to achieving self-sufficiency.”
He stated that “the amount of gasoline imported after entering the Holy Karbala refinery decreased to 7 and a half million liters per day, and then it also decreased after entering the North Refinery to 4 million liters per day.”
He stated, “We will work in a record period to increase production .” Gasoline and stopping its import, through new projects represented by the Izmara units that will enter service this year, and we will reach the fulfillment of the consumer need.”
He stated, “Plans have been drawn up to develop oil facilities and add new units to raise the quality of the products.”
Deputy Minister of Oil for Refining Affairs, Hamid Younis, said in a statement reported by the official news agency, and seen by Al-Iqtisad News, that “the (North) Baiji refineries, which were recently opened by Prime Minister Muhammad Shiaa Al-Sudani, include a group of 3 refineries, one of which is Salah al-Din and one with a capacity of 70,000.” Barrel and Saladin, two with a capacity of 70 thousand barrels, and the North Refinery with a capacity of 150,000 thousand barrels,” indicating that “work is now underway to raise the quality of these products.”
He added, "The refineries of Holy Karbala and the North entered service recently, and the fourth unit in the Basra Refineries Company with a capacity of 70,000 barrels also entered service," pointing out, "We currently import gasoline daily with a volume ranging between 3-4 million liters."
He continued, "The quantities of gasoline produced from the North Refinery amount to 3 million and 600 thousand liters per day, 3 million and 500 thousand liters of gas oil, and 1 million and 300 cubic meters of white oil, which is equivalent to 7 and a half million black oils," explaining that "the import of white oil and gas oil has been stopped." After operating the refinery due to achieving self-sufficiency.”
He stated that “the amount of gasoline imported after entering the Holy Karbala refinery decreased to 7 and a half million liters per day, and then it also decreased after entering the North Refinery to 4 million liters per day.”
He stated, “We will work in a record period to increase production .” Gasoline and stopping its import, through new projects represented by the Izmara units that will enter service this year, and we will reach the fulfillment of the consumer need.”
He stated, “Plans have been drawn up to develop oil facilities and add new units to raise the quality of the products.”
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Added 03/10/2024 - 9:40 PM
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