Production capacity at Baiji refinery to reach 280,000 bpd, says Iraq oil ministry
Iraqi Oil Minister Ihsan Abdul Jabbar ordered that production capacity at the Sumood refinery in Baiji be increased to 280,000 barrels per day (bpd) as soon as possible, the ministry said on Saturday.
Production capacity is currently at 75,000 bpd and expected to reach 140,000 bpd over the coming few months, the ministry said in a statement.
For all the latest headlines, follow our Google News channel online or via the app.
On August 18, Abdul Jabbar said an agreement was reached with Norwegian shipbuilder Batservice Mandal over the construction of two oil tankers with capacity of 30,000 tons each.
The tankers will be delivered in 18 months and are part of the ministry’s efforts to rebuild an Iraqi tanker fleet that has been depleted during decades of war, the minister said in a statement.
Also Read
-
Saudi Arabia’s Crown Prince Mohammed Bin Salman, Iraqi PM discuss OPEC+ oil cut deal
Saudi Arabia’s Crown Prince Mohammed bin Salman and Iraqi Prime Minister Mustafa al-Kadhimi discussed efforts taken to stabilize and rebalance global ... Energy -
Iraq to deepen oil output cuts in August, September to compensate for overproduction
Iraq said on Friday it would cut its oil production by another 400,000 barrels per day in both August and September to compensate for its ... Energy -
Iraq to review some oil contracts at high-cost fields
Iraq is reviewing oil contracts with some companies operating fields where costs are high, in order to reduce expenses while cutting production, ... Energy
