New Iraq refinery to pump 70,000 bpd (08/10/05)


Iraqi crew have rebuilt a 70,000 barrels per day oil refinery unit, despite regular attacks, helping to plug shortages that cost over $5 billion a year in fuel imports, oil officials said.
 
Oil continuing strong in Iraq
 
The crude distillation unit, one of three at the northern Baiji refinery, has re-opened after a total rebuild and is now operational, they told Reuters. "It is back up and domestic output has risen as a result," said the official, adding that a second unit at Baiji is due for maintenance within six months, said a report in the Gulf News.

"It has been a long road, but the crew showed resilience that has been the hallmark of the Iraqi oil industry since the war with Iran in 1980," he said.

Iraqi officials say security has improved at Baiji, allowing crude oil to reach the refinery more often and crude exports to flow to Turkey.

Baiji alone, together with its auxiliary refining units, has 350,000 bpd crude processing capacity.

Source: TradeArabia


Related News

     
  Plans for new oil refinery in northern Iraq
  $1 billion bid made for oil refinery
     
   
 
Home About IDP IDP Events News Industries Registration Travel Contact Search
  © Copyright Iraq Development Program 2005