News and Interviews on Iraqi Oil
Dathar Al-Khashab, Director General of Midland Refinery Co, gives his take on Iraq’s planned refining investment conference scheduled for June 26, in an interview with Ruba Husari in Baghdad. Q: Do you expect Iraq to succeed in getting foreign investors to build any of the four refineries on offer? A: It is very hard to get investors to invest in any refineries anywhere, not just in Iraq because margins are…
Oil minister Hussein al-Shahristani says Iraq will become an exporter of refined products within a few years. That’s a very optimistic assessment of the status of the Iraqi refining sector. True, Iraq has four new grass roots refineries with a combined capacity of 740,000 barrel per day offered to private investors. But it still has a long way to go before any investor jumps in and spends billions on building…
21 July 2008 Iraq’s Daura refinery should commission a new 70,000 barrel per day crude distillation unit at the end of the year, raising capacity to 160,000 b/d, Midland Refineries Director-General Dathar al-Khashab told International Oil Daily last week. It will be the first addition to the refinery, near Baghdad, since the US-led invasion in 2003. A contract for a second crude distillation unit, awarded like the first one to…
12 September 2006 Iraq is embarking on new projects to add refining capacity and build new pipelines, in a bid to meet domestic fuel needs, insure stable exports from northern oil fields, and raise overall export capacity to 3 million barrels per day within the next five years, according to Iraqi Oil Minister Hussein al-Shahristani. Baghdad has revived refinery upgrade plans that were tendered in several packages over the past…