IRAQ

 

KRG Boosts Oil Sector Integration With Bazian Refinery Expansion

 

Iraqi Kurdistan’s independent petroleum sector is to receive a major boost with the planned 50,000 b/d expansion of the 34,000 b/d Bazian refinery.

 

Until now the KRG’s downstream capacity had lagged the region’s upstream expansion, leaving the KRG increasingly reliant on small inefficient topping refineries, and imports from Turkey via crude-for-products swap deals, to meet...