BAGHDAD: Iraq plans to build an oil refinery at the port of A-Faw on the Gulf with two Chinese companies, and is seeking investors to build three more, the oil ministry said on its website on Monday.
The refinery in Al-Faw will have a 300,000 barrel-per-day capacity and include a petrochemical plant, it said.
Two other refineries, each with a 150,000-bpd capacity, are planned in Nasiriya, southern Iraq, and in the western Anbar province. A third, with a 100,000-bpd capacity, is planned in Qayara, near Mosul, the northern Iraqi city, which was taken back from Daesh militants last year.
Iraq is OPEC’s second-largest oil producer, after Saudi Arabia. Its refining capacity was curtailed when Daesh overran its largest oil processing plant in Baiji, north of Baghdad, in 2014.
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