The average operating capacity is in the 540 – 600 mb1/d.
The short fall in refining capacity is due to
- Shortage in delivery of crude oil
- Frequent stoppages due to operational
problems
- Accumulation of fuel oil or Naphtha in small refineries.
Main Projects in Existing Refineries
- 3 Ismerisation Units at Baiji , Doura &
Basrah – under construction.
-2 Gasoline Reformers at Doura & Basrah- Procurement & Construction Phases.
- Fcc unit at Basrah –FEED phase.
- Fcc unit at Doura–FEED phase.
- Fcc unit at Baiji – Feasibility Completed.
-2Gas Oil Desulphurisation Units at Basrah & Doura- Bidding Stage .
-3 small Gasoline Reformer units at Najaf ,Samawa& Nasiriyah- Engineering phase.
- Power Generation Units at Doura & Baiji – under construction
NEW REFINERIES There are five new grass root refineries planned for the next two decades .They are :- 1- Karbala Refinery 2- Maissan Refinery 3- Nassiriya Refinery 4- Kirkuk Refinery 5- Ninewa Refinery
Karbala Refinery Process Units Licensors
Missan Refinery Process Units Licensors
Missan Refinery Process Units Licensors
Nassiryah Refinery Process Units Licensors
Nassiryah Refinery Process Units Licensors
Kirkuk Refinery Process Units Licensors
Main Features of Law Number 64/2007 for Investment in Refineries
1- Ministry of Oil to supply the refinery with crude oil for a period of 50 years at (FOB) price with discount of 5% provided that the discount will be between 4 & 8 USD .
2- Ministry can adopt contracts in any internationally recognized form of investment including participation with no more than 25% of the investment .
3- The investor has the right to sell the products, at international prices prevailing in the area, inside Iraq or to export the same outside Iraq. The Ministry shall have the first option to buy.
4- The investor has the right to build and operate petrol stations inside Iraq to market his own products.
5- Ministry of Finance shall allocate a suitable piece of land to the investor on lease basis for a period of 50 years subject to extension.
6- The project shall enjoy the incentive of General Investment Law