Oil: The FCC project will achieve self-sufficiency in gasoline

by time news

2023-11-04 20:44:08

November 4, 2023

Baghdad/Al-Masala Al-Hadath: Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul-Ghani confirmed today, Saturday, that the completion of the FCC project will achieve self-sufficiency in high-octane gasoline, while noting that the project will support the national economy and sustainable development.

A statement from the ministry reported to Al-Masala said, “Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani stressed the importance of completing the FCC crushing project on the planned dates, and its direct impact on providing white products to citizens with high quality and efficiency” Euro 5. In addition to the production of high-octane gasoline.”

The statement added, “This came during Abdul Ghani’s visit to the FCC cofactor crushing project implemented by the Southern Refineries Company in cooperation with the Japanese company JGC in Basra Governorate, which is considered among the most important vital and developmental projects that contribute to improving the refining industry.” And supporting the national economy by enhancing national production and reducing foreign imports.”

Abdul Ghani stressed, according to the statement, that “this project enjoys the support, follow-up and care of Prime Minister Muhammad Shiaa Al-Sudani due to its importance in supporting the national economy and sustainable development,” indicating that “this field visit to the project comes within the keenness of the government and the ministry to daily follow up on the implementation stages until reaching completion.” The final stages of completion are according to the planned timings.”

He continued, “The project with a production capacity of 55 thousand barrels per day, upon completion at the end of 2025, will contribute to meeting the local need for gasoline, and we are planning the trial operation of the project, which extends for a full year, in the middle of next year to reach initial production in this project, the first of its kind in Iraq.” Pointing out, “The project contributes to the production of a quantity of “4,200 cubic meters” of high-octane gasoline per day, “1,600 cubic meters” of gasoline, and “350 tons” of liquid gas (LPG), in addition to other products of high quality and efficiency.”

He pointed out that the “FCC project” “converts refinery waste from “black oil” to high-octane gasoline fuel,” explaining that “the FCC project, in addition to the production of the Karbala refinery and the Al-Samoud refinery in Baiji, will achieve self-sufficiency, and that more than 35 Iraqi national companies are working on the project, and Iraqi labor is relied upon to carry out the secondary works and contracting.”

Obelisk – follow-up – agencies

The text that includes the name of the writer, party, or agency does not necessarily express Al-Masala’s point of view, and the source is responsible for the content. The Obelisk’s responsibility is to report news impartially and defend freedom of opinion at its highest levels.

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