Prime Minister, Muhammad Shiaa Al-Sudani confirmed that the high-octane gasoline unit project in the Basra Refinery will secure the country’s need for improved gasoline.
A statement from his media office said that Prime Minister Muhammad Shiaa Al-Sudani opened today the unit project for improved gasoline in Basra Refinery, during his visit to the governorate, which he arrived this morning.
The Prime Minister’s media office stated: ‘al-Sudani toured the project and was briefed on the stages of work on it, praising the efforts of the technical staff in the Ministry of Oil companies, who are relied upon to manage these projects.’
During his speech, he stressed the importance of opening this unit in the refinery, and what it represents for the country’s need for high-octane gasoline, indicating that these projects will stop the process of wasting wealth and put an end to the import of petroleum products, which has continued for many years, stressing that the optimal investment for oil wealth is gas and maximiz
ing resources are among the top priorities of the government programme.
The Prime Minister explained that a series of measures and steps have been taken to expand the production of petroleum derivatives, stressing that the increase in filtering and refining capacities at daily rates, with every opening of a new oil unit, makes us close to achieving self-sufficiency.
Al-Sudani pointed out that there is a new indicator for the export of some derivatives, such as gas oil, naphtha, sulfur, and jet fuel, stressing the continuation of this program during the period of the government’s work, and that the goal is to increase production capacity and improve product specifications. He explained that gasoline production in 2022 was (15) thousand cubic meters per day, while production today reached (24.8) thousand cubic meters per day.
The project, which was implemented by the National Effort at the South Refineries Company in cooperation with supporting companies, is considered one of the important projects in increa
sing the production of high- Octane gasoline, with a production capacity of (11) thousand barrels per day, and it will contribute to reducing the quantities of imported gasoline, which will save more than 200 million dollars annually.
This project, which is considered one of the lagging projects, comes in addition to a number of projects that are being implemented, to contribute to increasing the refining capacity of petroleum products, upgrading the specifications and improving the quality, within the plans of the Ministry of Oil, and in harmony with the government program, to achieve self-sufficiency.
Source: National Iraqi News Agency