Oil Minister: Refining sector projects aim to transform Iraq into an exporter of petroleum products.
Oil Minister: Refining sector projects aim to transform Iraq into an exporter of petroleum products.
2025-12-24 01:47
Shafaq News – Baghdad
Deputy Prime Minister for Energy Affairs and Oil Minister Hayyan Abdul Ghani stated on Wednesday that the ministry aims, through expansion projects in the refining sector, to transform Iraq into an exporter of oil derivatives.
This came during his chairmanship of a meeting to discuss refining capacity projects for Iraqi refineries and expansion plans to increase and sustain production, according to a statement issued by the ministry.
The statement quoted the minister as saying that the ministry had achieved great accomplishments in the liquidation sector, reaching the stage of self-sufficiency, noting that the ministry is working to provide a stockpile for emergency situations.
The meeting was attended by the ministry’s undersecretaries for the extraction, gas, and refining sectors, and the directors general of the relevant departments in the ministry.
Abdul Ghani stressed the need to adopt modern methods and techniques to ensure the continuity of the successes achieved in the field of refining, especially after the completion of the ministry’s projects to improve gasoline in the two projects: Al-Sumoud Refinery in Baiji, and the FCC unit in the South Refineries Company.
Abdul Ghani continued, saying: “Regarding gas oil (kerosene), the ministry has achieved self-sufficiency, and we are in the export phase,” noting the ministry’s efforts to increase revenues for the state treasury.
He explained that the expansion projects in the refining sector are intended to transform Iraq from a consumer and importer of oil derivatives to an exporter of derivatives, as well as to provide job opportunities for Iraqis.
shafaq.com
