The Ministry of Oil announced on Tuesday its intention to raise refining capacity of the southern refineries to 280 thousand barrels before the end of this year.
“The ministry has a plan to raise refining capacity of the southern refineries to 280 thousand barrels before the end of the year,” Oil Minister Jabbar Ali al-Allaibi said in a press statement.
He added that “the ministry has opened the second phase of the project to add the fourth unit in the southern refineries in the province of Basra with a capacity of 70 thousand barrels per day.”
The ministry has announced earlier on major investment projects in the liquidation sector, including Kirkuk refinery and refinery Maysan, Nasiriyah, Faw, Anbar, Nineveh and others contribute to raising the capacity of production of oil derivatives in the country, as well as the ministry has plans and projects to establish refineries outside the country for the benefit of Iraq.

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