Friday, July 24, 2026
38.5 C
Baghdad

Iraq Plans Increase in Oil Derivatives Production for 2025

Hayan Abdul-Ghani Al-Sawad, Iraq’s Deputy Prime Minister for Energy Affairs and Minister of Oil, announced on Thursday that 2025 will see a rise in oil derivatives production.

During the first meeting of the Opinion Board for 2025, Al-Sawad emphasized the ministry’s commitment to boosting production capacities within the refining sector. He highlighted that this year will bring a significant increase in oil derivatives output, driven by several ongoing projects, including the FCC project at the Southern Refineries Company, which is considered a major step forward in refining operations.

The meeting also reviewed key agenda topics and made important decisions aimed at advancing the gas, refining, extraction, and distribution sectors. The session was attended by members of the Opinion Authority, along with agents, consultants, and senior officials from various oil sector companies and departments.

Hot this week

Iraq-Iran Agreements Gain Pace After High-Level Tehran Talks

Iraqi Prime Minister Ali Al-Zaidi and Iranian President Masoud...

Iraq Corruption Probe: Colonels Face $1.5M Fine Case

Iraq’s General Traffic Directorate detained two police colonels in...

Iraq Suicide Toll: Six Baghdad Cases in 24 Hours Raise Alarm

Baghdad authorities reported six suicide-related incidents within 24 hours....

Iraq Gold Seizure Reveals 40 Bars and $10M in Corruption Probe

Iraqi security forces recovered 40 gold bars and large...

Iraq Joint Fund Could Unlock Major German Investment

Prime Minister Ali Falih al-Zaidi and German Chancellor Friedrich...

Topics

Iraq-Iran Agreements Gain Pace After High-Level Tehran Talks

Iraqi Prime Minister Ali Al-Zaidi and Iranian President Masoud...

Iraq Corruption Probe: Colonels Face $1.5M Fine Case

Iraq’s General Traffic Directorate detained two police colonels in...

Iraq Suicide Toll: Six Baghdad Cases in 24 Hours Raise Alarm

Baghdad authorities reported six suicide-related incidents within 24 hours....

Iraq Gold Seizure Reveals 40 Bars and $10M in Corruption Probe

Iraqi security forces recovered 40 gold bars and large...

Iraq Joint Fund Could Unlock Major German Investment

Prime Minister Ali Falih al-Zaidi and German Chancellor Friedrich...

Iraq Public Debt Hits 47% of GDP as Oil Risks Grow

The Iraq public debt level now equals approximately 47...

Iraq Dollar Climbs as Baghdad and Erbil Markets Close Higher

The US dollar finished the session slightly higher across...

Iraq Names Acting Intelligence Chief as Corruption Crackdown Intensifies

Prime Minister Ali al-Zaidi has chosen Falah Shaghati to...

Related Articles