Iraq expands Baiji refinery complex
Iraqi Prime Minister Mohammed Shia al-Sudani inaugurated on Saturday the oil refinery and a power plant in the city of Baiji, according to a statement released by the Prime Minister's Office (PMO).
The project is part of the Iraqi government's ambitions to reconstruct terrorism-damaged facilities and attain self-sufficiency in fuel and energy production.
The refinery is currently operating at full capacity, producing up to 250,000 tons of oil annually.
Al-Sudani noted that the inauguration of the refinery demonstrates Iraq's ability to accomplish projects that used to be carried out by foreign corporations.
The prime minister also inaugurated a 50-megawatt power plant designed to meet the refinery's electrical needs independently of the national grid. This ensures continuous operation and alleviates pressure on the country's electrical network.
The refinery produces various types of oils, such as engine oils, heavy oils, and turbine oils, in addition to 600,000 tons of multi-grade asphalt each year. This output supports the local market and helps conserve foreign currency.
Al-Sudani said in January that the city of Baiji is expected to be one of the largest cities in the oil industry in the region.
At the following phase, a petrochemical plant will be set up at refineries in Baiji, according to Al-Sudani.
The Iraqi government is working on several strategic initiatives that are being carried out for the first time in the country's history. These initiatives are projected to increase the country's output of oil, gas, and electricity.
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