Investment Opportunities in the Oil and Gas Sector
Ministry of Oil has announced an ambitious plan to increase oil production and exports in the coming years. This is to be done through relying on participation and direct investments as a principal means for achieving this goal through oil licenses tours announced by the ministry.
A- Refineries Projects:
| No | Refinery Name | Refinery capacity (barrel/day) | Project’s type | Project’s cost (million dollars) | Location |
| 1 | Kirkuk Refinery | 150 thousand | New | 4.347 | Between kutan Village and Koshkaya |
| 2 | Maysan Refinery | 150 thousand | New | 5.755 | Near Bazirkan Field |
| 3 | Al-Nasiriya Refinery | 300 thousand | New | 9.000 | Near Houma Village |
| 4 | Nineveh Refinery | 150 thousand | New | ||
| 5 | Karbala Refinery | 140 thousand | New |
B- Pipes Projects:
| No | Pipe’s Name | Pipe’s capacity (barrel/day) | Project’s type | Project’s Estimated cost (billion dollars) | LocatioLocation |
| 1 | Pipe for exporting crude oil from K3 to the Syrian harbor of Banyas, length: 750 km | 1.5 million | New | 5-7 | Iraq – Syria |
| 2 | Pipline for exporting crude oil from K3 to the Jordanian harbor of Al-Aqaba, length: 950 km | 1 million | New | 4-5 | Iraq – Jordan |
C- Refining Industries
- Crude oil refining plant in Al-Diwaniya Governorate
- Petrochemicals plant in Al-Diwaniya Governorate
- Engine oil production plants in Al-Diwaniya Governorate
