07-07-2025
Iraq Aims to Export Surplus Oil Products After Refinery Upgrades
Iraq will be self-sufficient in gasoline production this year and aims to be an exporter of surplus oil products on completion of its refinery-expansion projects, according to Prime Minister Mohammed Shia Al-Sudani.
The OPEC member has reduced its dependence on oil products from abroad, and later this year will no longer need to import a small amount of gasoline annually, said Al-Sudani. Iraq's South Refineries Co. will start up its fluid catalytic cracking unit at the Basrah refinery in 2025, he said at an online event to mark the beginning of construction at a five-year project to expand the Diwaniya refinery.