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[size=36]The Minister of Oil talks about the unity of the group: Profits are estimated at 350 million dollars annually[/size]
Economy | 01:02 - 06/08/2024
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Baghdad - Mawazine News,
Deputy Prime Minister for Energy Affairs, Oil Minister Hayan Abdul Ghani, expected today, Saturday, that the profits of the Azmara unit project in the Basra Refinery are estimated at approximately 350 million dollars annually.
Abdul Ghani said, during the opening of the Al-Azmra unit project for producing improved gasoline in the Basra refinery, and Mawazine News followed him, “The Al-Azmra unit project will have a capacity of eleven thousand barrels per day,” indicating that “this project, which is considered one of the important projects in increasing fuel production.” The improved gasoline has a capacity of one thousand three hundred cubic meters per day, which is equivalent to one million three hundred thousand liters per day, and contributes to reducing the import of gasoline by a rate of one thousand three hundred cubic meters per day.”
Abdul-Ghani added, “This project will save the state treasury approximately three hundred and fifty million dollars per year.”
He pointed out that "the project comes within the ministry's plans to increase refining capacity, improve the specifications of petroleum products, and improve their quality, after the completion of the fourth refining unit project with a capacity of seventy thousand barrels per day, which entered into operation and production shortly ago."
Deputy Prime Minister for Energy Affairs, Oil Minister Hayan Abdul Ghani, expected today, Saturday, that the profits of the Azmara unit project in the Basra Refinery are estimated at approximately 350 million dollars annually.
Abdul Ghani said, during the opening of the Al-Azmra unit project for producing improved gasoline in the Basra refinery, and Mawazine News followed him, “The Al-Azmra unit project will have a capacity of eleven thousand barrels per day,” indicating that “this project, which is considered one of the important projects in increasing fuel production.” The improved gasoline has a capacity of one thousand three hundred cubic meters per day, which is equivalent to one million three hundred thousand liters per day, and contributes to reducing the import of gasoline by a rate of one thousand three hundred cubic meters per day.”
Abdul-Ghani added, “This project will save the state treasury approximately three hundred and fifty million dollars per year.”
He pointed out that "the project comes within the ministry's plans to increase refining capacity, improve the specifications of petroleum products, and improve their quality, after the completion of the fourth refining unit project with a capacity of seventy thousand barrels per day, which entered into operation and production shortly ago."
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