2025-08-24T22:36:04+00:00

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Shafaq News – Baghdad

Iraq has increased its refining capacity to 1.3 million barrels per day,
making it one of the leading Arab states in this field, the cabinet announced
on Sunday.

According to a statement by the
PM’s media office, the government aims to increase refining capacity to 1.65
million barrels per day in line with figures unveiled by the prime minister in
March 2025.

This milestone will allow Iraq to cover its current
consumption of petroleum products, save billions in foreign currency, and
strengthen the trade balance, the statement affirmed, adding that the
development is expected to generate new jobs in the energy sector and lower
carbon emissions.

The Ministry of Oil has prepared plans to begin exporting
gas oil and jet fuel once self-sufficiency is achieved, the government pointed
out.

تمكن العراق من رفع قدراته التكريرية إلى مستوى (1.3) مليون برميل يومياً، ليصبح في مصاف الدول العربية الأعلى في قدراتها بهذا المجال، وليمضي بهذا النمو والتعاظم في القدرات، نحو تحقيق قدرة في تكرير (1.65) مليون برميل يومياً، وفق الهدف المرسوم الذي اعلنه رئيس مجلس الوزراء السيد محمد… pic.twitter.com/MjqIVXbBuC

— Government of Iraq – الحكومة العراقية (@IraqiGovt) August 24, 2025

Iraq, OPEC’s second-largest producer, continues to rely
heavily on imports due to challenges such as security threats, political
instability, aging infrastructure, and resource depletion. Gas flaring and
opaque contracts further complicate its energy sector, driving higher demand
for refined oil products.