Monday 1 June 2015

Missed opportunities for Iraq’s refining industry | GulfNews.com

Missed opportunities for Iraq’s refining industry | GulfNews.com:



"The Iraqi Forum of Intellectuals and Academics, which was established last year in Istanbul, recently held a seminar on industry, oil and electricity in Iraq. I was asked to give a presentation on Iraqi refineries and gas processing plants and for that purpose I found it necessary to review development since the occupation in 2003.



The history of the country’s refining industry goes back to 1927 when a small one was set up close to the Iraq-Iran border. But the industry took off in the 1950s when the Daura refinery was built, and in the 1970s when Basra refinery came on stream.



Finally, in the 1980s, the large Baiji with its three production lines was commissioned to bring overall refining capacity to almost 700,000 barrels a day. The industry with its lubricants production became one of the best in the region."



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