MP Reveals Strategy To Achieve Self-Sufficiency In Petroleum Derivatives, 24 OCT

MP Reveals Strategy To Achieve Self-Sufficiency In Petroleum Derivatives

Information/ Baghdad..  Member of the Parliamentary Oil Committee, MP Ali Saadoun, revealed on Thursday a strategy to achieve self-sufficiency in oil derivatives in a southern governorate.

Saadoun said in an interview with Al-Maalouma, "Maysan Governorate comes after Basra in crude oil production, which reaches 600 thousand barrels per day, and despite the presence of a refinery, it does not cover its needs for oil derivatives.

He added, "The Ministry of Oil has begun adopting a strategy, the first stage of which is to add a unit with a capacity of 70,000 barrels per day to the Maysan refinery in order to produce larger quantities of petroleum derivatives, especially gasoline and kerosene."

He pointed out that "achieving self-sufficiency in petroleum derivatives will create high flexibility in providing needs throughout the year without any difficulties, especially with the growing rates of demand for various types of fuel."

It is noteworthy that the Maysan refinery consists of 4 production units with different capacities, which provide the largest part of the governorate’s needs for petroleum derivatives.” LINK