Investment Opportunities in the Oil and Gas Sector
Ministry of Oil announced an ambitious plan to increase oil production and exports in the following years. participation and direct investments are principal means for achieving this goal through oil licenses rounds 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 |
B- Pipes Projects:
| No | Pipe’s Name | Pipe’s capacity (barrel/day) | Project type | Project Estimated cost (billion dollars) | Location |
|---|---|---|---|---|---|
| 1 | Pipe for exporting crude oil from K3 to the Syrian port of Banyas, length: 750 km | 1.5 million | New | 5-7 | Iraq – Syria |
| 2 | Pipeline for exporting crude oil from K3 to the Jordanian port of Al-Aqaba, length: 950 km | 1 million | New | 4-5 | Iraq – Jordan |
C – Refining Industries
- Crude oil refining plant in Al-Diwaniya Province
- Petrochemicals plant in Al-Diwaniya Province
- Engine oil production plants in Al-Diwaniya Province
