Iraq is struggling to keep up with refined products demand growth as the post-Islamic State economy seeks to rebound. A planned 70,000 b/d upgrade to the Basra refinery by end-2018 would be a major boon.

 

Iraq is confident that ongoing upgrading work to the Basra refinery will boost federal refining capacity by more than 10% by the end of 2018. Iraq’s oil ministry announced on 4 April that a fourth 70,000 b/d crude distillation unit at the refinery is due online by end-2018,...