Thursday, July 9, 2026
38.1 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

Housing Loan Freeze Hits Hundreds of Bismayah Buyers

The Iraq housing loan freeze has left hundreds of...

Iraq Oil Exports to U.S. Top One Million Barrels in Strong Market Signal

Iraq's oil exports to the United States surpassed one...

Iraq Leads Trilateral Security Push With Jordan and Egypt

Iraq chaired the first political and security committee meeting...

Iraq Airspace Warning Deepens as Airlines Reroute Over Regional Tensions

Iraq faces a new aviation setback after European safety...

Iraq Holds Upper-Middle Income Status as Reform Pressure Grows

Iraq kept its upper-middle-income position in the World Bank’s...

Topics

Housing Loan Freeze Hits Hundreds of Bismayah Buyers

The Iraq housing loan freeze has left hundreds of...

Iraq Oil Exports to U.S. Top One Million Barrels in Strong Market Signal

Iraq's oil exports to the United States surpassed one...

Iraq Leads Trilateral Security Push With Jordan and Egypt

Iraq chaired the first political and security committee meeting...

Iraq Airspace Warning Deepens as Airlines Reroute Over Regional Tensions

Iraq faces a new aviation setback after European safety...

Iraq Holds Upper-Middle Income Status as Reform Pressure Grows

Iraq kept its upper-middle-income position in the World Bank’s...

Gold Prices Hold in Baghdad as Erbil Markets Edge Higher

Iraq gold prices held steady in Baghdad, while Erbil...

Millions Flood Najaf as Iraq Hosts Khamenei Funeral Procession

Iraq hosted a massive funeral procession in Najaf for...

Iraqi Dinar Faces Fresh Pressure as Dollar Climbs

Iraqi dollar rates climbed in Baghdad and Erbil as...

Related Articles