Al-Sudani: Iraq has raised its refining capacity to (1.3) million barrels per day.
Al-Sudani: Iraq has raised its refining capacity to (1.3) million barrels per day.
2025-08-24
Prime Minister Mohammed Shia Al-Sudani confirmed, today, Sunday, that Iraq has raised its refining capacity to (1.3) million barrels per day.
The media office said in a statement, “Within the framework of the government’s approach to strengthening national sovereignty in the energy sectors and providing petroleum derivatives, on the path to consolidating economic stability and confident national development, Iraq has been able to raise its refining capacity to the level of (1.3) million barrels per day, to become among the Arab countries with the highest capabilities in this field,” noting that “this growth and increase in capabilities, we are moving towards achieving a refining capacity of (1.65) million barrels per day, according to the stated goal announced by Prime Minister Mr. Mohammed Shia Al-Sudani on March 30, 2025.”
He continued, “This strategic development will contribute to covering the entire domestic consumption of petroleum derivatives, which in 2024 recorded a level of (1.1) million barrels per day, which put Iraq very close to self-sufficiency in various petroleum products,” noting that “sufficiency will achieve a number of gains, most notably; reducing the burden of importing petroleum derivatives to the lowest level in decades, saving billions of hard currency annually, strengthening the trade balance, enabling the possibility of exporting the surplus of derivatives in the near future, creating new job opportunities in the energy sector and related sectors, improving fuel quality according to international specifications, and reducing carbon emission and pollution levels.”
He added, “This shift will reflect the government’s success in implementing its strategy aimed at diversifying sources of income, strengthening the foundations of sustainable economic development, and achieving the interests of citizens by ensuring the stability of petroleum derivatives prices in the local market. The Ministry of Oil has also developed a plan to begin exporting gas oil and jet fuel, after achieving self-sufficiency in them.”
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