Iraq is set to increase its oil refining capacity to 1.54 million barrels per day. Prime Minister Mohammed Shia Al-Sudani announced this significant development during a visit to Maysan province. The visit marked the launch of the Maysan refinery expansion project, which is a key part of Iraq’s efforts to improve its oil infrastructure.
The expansion of the Maysan refinery will see its daily capacity increase from 40,000 barrels to 110,000 barrels. This upgrade is part of a broader strategy to reduce Iraq’s dependence on imported refined products and meet growing domestic demand for oil. The Maysan project has been delayed since 2014, but now it is expected to be completed in six to eight months.
In addition to the Maysan project, Iraq is also focusing on expanding the Baiji refinery. This expansion will add 70,000 barrels per day to Iraq’s refining capacity. The Baiji project is expected to be completed in just two months. Once both projects are finished, Iraq’s total refining capacity will reach 542,000 barrels per day, significantly boosting the country’s oil production capabilities.
These projects are essential for Iraq as they aim to fulfill domestic energy needs and reduce reliance on imports. Iraq, the second-largest oil producer in OPEC, is focusing on expanding its refining capacity despite ongoing political and economic challenges. These expansions will help provide more refined oil products for the country and contribute to its energy independence.
These new projects will significantly boost Iraq’s oil refining capacity. The expansion of Maysan and Baiji refineries will increase Iraq’s ability to produce refined oil products, helping to meet local demand and reduce dependency on external sources.
