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Petroleum products: Karbala refinery will start producing high-octane gasoline in early July
Economy 06-22-2023, 18:04
Baghdad - Conscious - Hassan Al-Fawwaz
Today, Thursday, the Petroleum Products Distribution Company affiliated with the Ministry of Oil confirmed that the Karbala refinery
will start producing high-octane gasoline early next July and
will contribute to reducing two-thirds of the country's imports, while it indicated the
government's plan to reduce the need for imports by completing refinery projects in the center and south and providing sufficient storage.
The general manager of the company, Hussein Talib, told the Iraqi News Agency (INA):
"The existing storage is reassuring, and
the country does not witness any fuel scarcity, and
the national refineries have increased their production capacities, and
the Karbala refinery has entered work to provide oil derivatives within the national refineries plan, and
we have a plan in the ministry to complete what Our refineries remain, whether in the south, center or north, and other units will enter service. Talib added,
"All of this is reassuring about the path of depleting hard currency to import oil derivatives, and
the state now subsidizes oil derivatives to a large extent.
Gasoline, which is sold at a price of 450 dinars, costs around (960-1000) dinars per liter, and
we were able to fill the local need for oil." gas, and
we only import five million liters per day during the summer, to fill the deficit in the electric power plants.” And he continued,
"White oil is available, and we are securing stocks for the coming winter, and
we also import high-octane gasoline (95); for the purpose of mixing with the production of refineries to improve quality and equip citizens with it," noting that
"the Karbala refinery will start producing high-octane gasoline early next July, To reduce two-thirds of the country's imports, to gradually decrease by entering the units prepared within the Ministry's plans in refineries, as shown in the south, center and north.
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Economy 06-22-2023, 18:04
Baghdad - Conscious - Hassan Al-Fawwaz
Today, Thursday, the Petroleum Products Distribution Company affiliated with the Ministry of Oil confirmed that the Karbala refinery
will start producing high-octane gasoline early next July and
will contribute to reducing two-thirds of the country's imports, while it indicated the
government's plan to reduce the need for imports by completing refinery projects in the center and south and providing sufficient storage.
The general manager of the company, Hussein Talib, told the Iraqi News Agency (INA):
"The existing storage is reassuring, and
the country does not witness any fuel scarcity, and
the national refineries have increased their production capacities, and
the Karbala refinery has entered work to provide oil derivatives within the national refineries plan, and
we have a plan in the ministry to complete what Our refineries remain, whether in the south, center or north, and other units will enter service. Talib added,
"All of this is reassuring about the path of depleting hard currency to import oil derivatives, and
the state now subsidizes oil derivatives to a large extent.
Gasoline, which is sold at a price of 450 dinars, costs around (960-1000) dinars per liter, and
we were able to fill the local need for oil." gas, and
we only import five million liters per day during the summer, to fill the deficit in the electric power plants.” And he continued,
"White oil is available, and we are securing stocks for the coming winter, and
we also import high-octane gasoline (95); for the purpose of mixing with the production of refineries to improve quality and equip citizens with it," noting that
"the Karbala refinery will start producing high-octane gasoline early next July, To reduce two-thirds of the country's imports, to gradually decrease by entering the units prepared within the Ministry's plans in refineries, as shown in the south, center and north.
[You must be registered and logged in to see this link.]
