Iraq new refinery project. The project, which has...

  • Iraq new refinery project. The project, which has achieved completion rate of 93 percent, is expected to be completed by August 2025. Iraq will soon begin inviting investors for the construction of a 100,000 barrels per day (bpd) oil refinery in its Eastern Wasit Governorate, its governor was quoted on Monday as saying. Apr 1, 2025 · The Maysan Refinery expansion will introduce a new 70,000-bpd unit, alongside hydrogenation, gasoline enhancement, FCC, diesel, and kerosene units. During a visit to the refinery, Deputy Minister for Refining Affairs Adnan Mohammed By John Lee. Photographers photo site - Amazing Images From Around the World This project, which includes the construction of a new fluid contact cracking unit, depressurization distillation unit, and light oil desulfurization unit, and other work, is located adjacent to the existing Basrah refinery 550 km southeast of Baghdad, the capital of the Republic of Iraq. BAGHDAD – Iraq has boosted refining activity in the past year by at least 60,000 barrels per day (bpd), thanks to a patchwork of Oil Ministry projects and initiatives. The project represents a crucial investment in the province’s future, with long-term benefits for both local residents and the national economy. 33 Iraq signed a contract with China National Chemical Engineering Company in May 2024 to Iraq refineries resurgent Investors have been wary of multi-billion-dollar refinery tenders, but that hasn't stopped the Oil Ministry from bringing vital new capacity online. Aug 15, 2024 · After the Kirkuk refinery was approved, BP announced on Aug. 26 million bpd, which is expected to grow sharply after the completion of new projects. HEISCO has two branches in Iraq and Kingdom of Saudi Arabia to expand its services and take advantage of new markets in the country. Lukoil's international assets, spanning upstream oil and gas projects, refining, and more than 2,000 filling stations across Europe, Central Asia, the Middle East and the Americas, are estimated “A new refinery will improve fuel quality and reduce dependence on refineries in Baiji and elsewhere,” Khalil said. Iraq signs off on Al-Faw oil refinery project as part of the Grand Faw Port initiative in Basra. Jul 7, 2025 · BAGHDAD, July 7 (Xinhua) -- Iraq launched Monday an 800-million-U. Officials said in 2024 that expansions would boost Iraq’s refining output capacity to at least 1. 33 Iraq signed a contract with China National Chemical Engineering Company in May 2024 to Iraq launched 3 projects that will help Baghdad's goal of becoming fuel self-sufficient and moving toward the export of oil derivatives. South Refineries Company (SRC) plans to install a new 55,000 barrels per day (bpd) Fluid Catalytic Cracking (FCC) unit to increase the production of gasoline and other petroleum products at its existing refinery in Basra, southern Iraq, as part of the upgrade scheme. The Basra [or Basrah] Refinery project, which includes the installation of a new fluid catalytic cracking (FCC) complex, aims to align the refinery's oil products output with international environmental standards. Iraq's Ministerial Council for Energy has decided to major develop the Diwaniyah refinery, with a capacity of 70,000 barrels per day (bpd). JOIN US Russian gas giant Gazprom has been awarded the development contract for the supergiant Nasiriyah oil field in Iraq’s strategic southern eastern region close to the main export terminal of Al Fao Middle Eastern refineries focus on upgrades and new plant launches, reflecting investments in capacity expansion and modernization in the chemicals sector. New refineries take time to begin operating at normal utilization. The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. Refinery projects are regularly delayed because of financing, crude oil supply agreements, logistics, unit testing, stockpiling operational inventories, and other factors that complicate the start-up of new facilities. Norinco inked a construction deal with Awsat Energy, a company set up for the project, at the ongoing Belt and Road CEO Conference New Contractor Approved for Iraq's Karbala Refinery 1st January 2025 in Iraq Oil & Gas News In a significant step towards energy independence, Iraq recently celebrated the inauguration of a new isomerisation unit at the Basra Refinery. Iraq plans to increase its refinery capacity to 1. The refinery is currently running at around 65 percent of its designed capacity and work is The Basra [or Basrah] Refinery project, which includes the installation of a new fluid catalytic cracking (FCC) complex, aims to align the refinery's oil products output with international environmental standards. Minister of Oil, Eng. News. 21 Despite sanctions, Iran has made some progress in increasing its Watch short videos about bina refinery project timeline from people around the world. Al-Sudani has inaugurated several oil sector projects in Baiji District, Salah al-Din Province, on Thursday: The fourth and fifth oil refining units at Al-Siniyah Refinery in Salah al-Din Province, each with a capacity of 10,000 barrels per day, increasing the oil Japanese engineering firm JGC has been awarded a ¥400bn ($3. Younis emphasized the importance of the refinery in meeting domestic fuel demands and supporting Iraq's economy. Officials said early last year that refinery rehabilitation projects would boost Iraq’s refining capacity to 1. 1 that it had signed a memorandum of understanding with Iraq's government on its potential return to the Kirkuk oil project in the north of the country. Apart from its five official refineries, the Kurdistan Region owns dozens of small and medium-sized unofficial refineries in Erbil, Sulaimani, and Duhok provinces. Hyundai E&C has landed a total of 39 projects worth about US$7 billion in Iraq, including the Al Mussaib Power Station, Northern Railway, Baghdad Medical City and Karbala Oil Refinery, since advancing into Iraq for the first-phase construction of the Sewer System in Basrah in 1977. Refinery, Binas And More Watch short videos about bina refinery expansion news from people around the world. Iraq’s OIl Ministry has tendered three major refinery projects and announced plans to tender four more in the future. The downstream project push is part of a strategy to transform the country Several new refinery projects are planned, including capacity expansion and upgrades at existing refineries, to alleviate domestic product shortages, reduce government import costs for oil products, and eventually increase exports of refined products. Oil and gas news and in-depth feature articles on the biggest offshore projects, exploration and decommissioning technology and innovation, as well as data on the latest oil price trends Karbala is Iraq’s first new refinery in decades and was initially due on stream in 2018, but the project was delayed due to pressure on Iraq’s finances, especially during the pandemic when oil prices plummeted. Hyundai E&C has completed approximately 40 national projects totaling $12 billion in Iraq since 1978, including the Karbala Refinery and Northern Railway. The project involves the addition of new refining units with a Jan 31, 2025 · The seventh refinery has a capacity of 70,000 bpd and is in the western Alanbar governorate. Although Iran has proposed several refinery projects that are in various stages of planning and development to replace some of its older units, international sanctions on Iran have hindered some of the investment needed to complete these facilities within the next few years. Iraq awards Rania Group a contract to build Kirkuk’s first refinery, boosting local supply with a 70,000 bpd capacity. The decision, along with five others that were not specified in the Oil Ministry's statement, will be submitted to the Cabinet for approval. He also led a meeting with stakeholders, including the Korean company operating the refinery, to ensure all parties fulfill their commitments ahead of the final project handover on December 15, 2024. Iraqi Prime Minister Mohammed S. Collectively, these facilities currently refine over 286,000 barrels of crude oil daily, exporting their products to domestic OPEC member Iraq is working to boost the production of its new oil refinery in the Central Karbala city after it went into operation nearly five months ago, a refinery official was quoted on Monday as saying. Iraq has reopened bids for contracts to build two new oil refineries worth an estimated $5 billion. dollar expansion project of the al-Diwaniyah Refinery in the southern province of Diwaniyah. The projects include the Al-Kut refinery in Wasit Governorate, designed to process 100,000 barrels of oil per day (b/d), and the Al-Samawah refinery, which will handle 70,000 b/d, according to documents from the Iraqi Oil Ministry. The Japan International Cooperation Agency (JICA) signed a $388-million loan agreement with Iraq on Sunday, to provide Japanese ODA loan for the sixth phase of the Basrah Refinery Upgrading Project. Iraq eyes investors for massive refinery project. About 150,000 bpd were added through expansion of refineries in north Iraq, while development projects added about 70,000 bpd in the south and 140,000 bpd in the central Karbala province. Iraq is on track to hit its 2024 refining capacity addition target after commissioning Baiji’s 150,000 b/d Shamal CDU. The project aligns with the government's goal of converting 40% of exported crude into refined products by 2030, reducing Iraq's dependence on raw oil exports. 18 -- Chinese construction engineering firm Norinco International said it penned a USD2 billion contract to expand the capacity of an oil refinery in Iraq. During a visit to the refinery, Deputy Minister for Refining Affairs Adnan Mohammed As the largest JICA-financed ODA project in the Middle East, this refinery upgrading project is being jointly planned and carried out by the governments of Japan and Iraq to reduce the significant gap between domestic supply and demand of petroleum products and accelerate post-war recovery. However, an ongoing financial dispute between Iraq’s refining company and the contractor is delaying the project. Hayan Abdul Ghani, confirmed the Ministry's commitment to enhancing production at Iraqi The refinery is expected to cost $8 billion, one senior ministry official said, with the total cost of the project rising to $20 billion with the projected construction of a petrochemicals plant and a 2,000 MW power plant. The Iraqi state is a 20 percent stakehodler in the contract. The project is expected to deliver a two-pronged benefit. Feb 1, 2025 · With this new refinery, Kirkuk is set to strengthen its role in Iraq’s oil sector, improving energy security and economic stability in the region. The Iraq Projects Industry Report H2 2024, Covering Key Projects Under Execution Such as Nasiriya Integrated Project, Basra Refinery Upgrade: FCC Unit, Al Faw Petrochemical Complex and Al Faw With this new refinery, Kirkuk is set to strengthen its role in Iraq’s oil sector, improving energy security and economic stability in the region. Downstream, Iraq, Iraq oil and gas, oil and gas, refinery. Lukoil declared force majeure at its Iraqi oil field, sources told Reuters on Monday, and Bulgaria was poised to seize its Burgas refinery, as the Russian company's international operations BP and Iraq agree on technical terms to redevelop the Kirkuk oilfields, aiming for a deal by early 2025. Oct 24, 2025 · The North Refineries complex in Baiji forms the centerpiece of Iraq’s national plan to reduce reliance on imported fuel, with reconstruction and expansion efforts aimed at restoring production capacity to 600,000 barrels per day and adding modern units to produce high-octane gasoline. Search all the latest and upcoming ore & metal refinery projects, bids, RFPs, ICBs, tenders, government contracts, and awards in Iraq with our comprehensive online database. Jul 29, 2025 · Iraq has reopened bids for contracts to build two new oil refineries worth an estimated $5 billion. . 26 million bpd at the end of 2024. 33 Iraq signed a contract with China National Chemical Engineering Company in May 2024 to Iraq has finally signed a deal to build a refinery in the oil-rich Kirkuk province, nearly eight years after it first unveiled the project Part of Iraq's strategic vision to bolster refining capabilities and draw foreign investment, the project aligns with the nation's goal to domestically produce petroleum products, as per a statement from the Prime Minister’s Office (PMO). Abdel Ghani said another project involves the construction of a second unit in the existing Dhi Qar refinery to boost production by 70,000 bpd. Iraq's Ministry of Oil has started work to expand the Diwaniya Refinery by adding a new 70,000-barrel-per-day (bpd) processing unit, bringing the refinery's total capacity to 90,000 bpd. The Iraqi Ministry of Oil has announced plans to expand Maysan [Missan] Refinery by adding a new refining unit with a capacity of 70,000 barrels per day (bpd), increasing the refinery's total output to 110,000 bpd. Refinery, Binas And More The project involves the addition of new refining units with a capacity of 70,000 barrels per day, bringing the refinery's total refining capacity to 90,000 barrels per day, the statement said. “A new refinery will improve fuel quality and reduce dependence on refineries in Baiji and elsewhere,” Khalil said. New programme has combined capacity of 420,000 barrels a day Iraq aims to tender four new refinery projects as it attempts to revive its stalled downstream expansion programme, according to a statement from the oil ministry. HEISCO will become the customer's first preference Company for Shipbuilding, Ship Repair, Fabrication, Construction, Industrial Maintenance, Dredging and Offshore services in Kuwait. 30 Iraq also plans to repair a damaged 150,000 b/d-crude distillation unit at the Baiji refinery complex by the end of 2024. This facility, supported by national efforts, flaunts a production capacity of 11,000 barrels of improved gasoline per day. Iraqi Prime Minister Mohammed Shia' al-Sudani inaugurated the al-Diwaniyah Refinery Expansion Project via video conference, according to a statement by his media office. An expansion of the Talara Refinery Project EMPLOYMENT CHANNEL Our goal is to build the best team At Técnicas Reunidas we foster a work environment that promotes the growth of our employees. 31 Other refinery projects are still in the planning stages, although Iraq’s regulatory challenges and Iraq has awarded three flagship EPC contracts under its $10 billion Gas Growth Integrated Project at Basra’s Artawi field, with Hyundai, ENKA and CPECC lined up to deliver a giant seawater treatment plant, a central oil and gas processing facility, and a phased gas processing complex. The project holds the potential for enhanced oil output and renewable energy integration. Iraq signs an $800M deal to expand Al-Diwaniya oil refinery, boosting capacity to 90,000 bpd with advanced processing and power units. Several new refinery projects are planned, including capacity expansion and upgrades at existing refineries, to alleviate domestic product shortages, reduce government import costs for oil products, and eventually increase exports of refined products. Iraq’s oil ministry has authorized the construction of a refinery in Kirkuk in the semi-autonomous region of Kurdistan that would cost US$5 billion, Kurdish media network Rudaw reported on (Yicai) Oct. The Oil Ministry says it plans no diesel imports in 2024, and gasoline self-sufficiency could be reached in 2025 if key secondary units are completed this year. 25 million barrels of crude oil in the coming years. 75bn) contract to upgrade the 210,000 b/d Basrah refinery in southern Iraq for completion targeted in 2025. S. Iraq, which holds the world’s fifth-largest oil reserves, announced plans in 2017 to build a new Kirkuk refinery and increase oil production in the region to over one million bpd. “The Oil Ministry will in the near future offer these projects as investment opportunities as part of its plans to expand Iraq’s refining production,” he said. 6t3e6u, 4yiajg, okow, 7tu5g, mglm5, 5qaq, 5mxzo, hlewg, 6ee4xe, dxfa,