November 08, 2024 [Iran Oil Gas]- Iraq’s Ministerial Council for Energy has decided to major develop the Diwaniyah refinery, with a capacity of 70,000 barrels per day (bpd).
The decision, along with five others that were not specified in the Oil Ministry’s statement, will be submitted to the Cabinet for approval.
An expansion of the plant to 70,000 bpd was already approved by the Cabinet in March 2022.
Minister of Oil, Hayyan Abdul Ghani, chaired the meeting, and highlighted Iraq’s commitment to advancing the energy sector to foster industrial and economic growth.
In January 2023, Iraq’s Minister of Oil had announced upcoming investment opportunities in the refining industry as follows:
- Al-Amarah refinery (150,000 barrels per day);
- Al-Muthanna refinery (100,000 barrels per day);
- Kirkuk refinery (100,000 barrels per day);
- Qayyarah refinery (70,000 barrels per day), and,
- a new unit with a capacity of (70,000 barrels per day) at the Dhi Qar refinery.
The Ministry also planned to establish a new refinery in Dhi Qar governorate with a capacity of 150,000 barrels per day, and continues to add production units to refineries in the south, center, and north.
It has previously announced the addition of a new production unit at the Diwaniyah refinery (70,000 barrels per day) and the imminent start of production at the Karbala oil refinery (140,000 barrels per day).
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