Iraq to Build New Refinery in Kirkuk
The refinery will have a production capacity of around 150,000 b/d.
The refinery will have a production capacity of around 150,000 b/d.
Sonangol stated that it targets to increase the production capacity to 230,000 b/d.
The well testing resulted in a successful oil flow and has an initial production capacity of around 2,000 barrels of oil per day (b/d), which is expected to increase in the future.
Iran and Iraq are working on developing two oilfields, Naft Shahr and Khorramshahr, on their mutual borders.
The well has a production capacity of around 1,500 cubic meters of oil per day from the Mishrif formation.
The Ministry of Electricity and Renewable Resources began meeting with Jordanian officials to boost the capacity of the interconnector from 450 MegaWatt (MW) to 1,000 MW.
The US allowed Iraq to continue importing energy from Iran without sanctions for a 90-day waiver.
Jordan floated a tender to transport a maximum of 10,000 barrels of crude oil per day (b/d) from Iraqi Baiji oil refinery to Jordan’s Petroleum Refinery Company.
The oil exports from Iraq’s Southern ports at the Gulf has reached around 3.565 million b/d during February 2019.
Iraq and Jordan have agreed on many mechanisms to strengthen the economic cooperation between the two countries, including the study of establishing an Iraqi oil pipeline to deliver oil to Jordan.