Page 5 - DMEA Week 05 2022

DMEA COMMENTARY DMEA

Operator Refinery Current Nameplate Capacity (bpd) Nameplate Capacity Addition (bpd) Total (bpd)
North Refineries Co. Baiji - Salah al-Din 140,000 140,000 280,000
North Refineries Co. Kirkuk 56,000 56,000
North Refineries Co. Nineveh 20,000 20,000
North Refineries Co. Anbar 16,000 16,000
North Refineries Co. Qayarah 6,000 6,000
North Refineries Co. Qayarah (New) 70,000 70,000
North Refineries Co. Anbar (New) 150,000 150,000
Total NRC 598,000
Midland Refineries Co. Daura 140,000 140,000
Midland Refineries Co. Wasit 100,000 100,000
Midland Refineries Co. Karbala 140,000 140,000
Midland Refineries Co. Samawa 30,000 30,000
Midland Refineries Co. Samawa (New) 70,000 70,000
Midland Refineries Co. Najaf 30,000 30,000
Midland Refineries Co. Diwaniyah 10,000 10,000
Midland Refineries Co. Diwaniyah (New) 70,000 70,000
Total MRC 590,000
South Refineries Co. Shuaiba 210,000 70,000 280,000
South Refineries Co. Nassiriyah 30,000 30,000
South Refineries Co. Nassiriyah (New) 300,000 300,000
South Refineries Co. Missan 30,000 30,000
South Refineries Co. Missan (New) 150,000 150,000
Total SRC 790,000
Total 718,000 1,120,000 1,978,000

Baghdad, was also in the news this week. produce LPG, gasoline, gas oil, fuel oil, jet fuel Data provided by
and asphalt to meet international standards. IGM Energy
Central expansion These projects form part of a wider under-
UAE-based port operator Gulftainer said that it taking by Baghdad to increase refining capacity
had unloaded a vacuum unit bound for the Najaf across the country by more than 1.1mn bpd to
refinery at the Iraq Container Terminal (ICT). nearly 2mn bpd.
The Emirati firm said that the unit had been
manufactured for Najaf operator Midland Oil Nebras nears
Co. (MOC) in the UAE and was shipped to Iraq The Iraqi government also provided an update
from the port of Jebel Ali, west of Dubai. on the key Nebras petrochemicals unit on which
The new vacuum unit, which weighs 121 the state is collaborating with Saudi Basic Indus-
tonnes and is 35m long, is part of long-running tries Corp. (SABIC) and super-major Shell.
efforts by MRC to expand its refining capacity, Speaking about plans to increase economic
which currently stands at 210,000 bpd and com- and trade relations with Riyadh, the secretary
prises the 140,000 bpd Daura facility in Bagh- general of the Council of Ministers, Hamid
dad, a 30,000 bpd unit at Samawa, the 10,000 Al-Ghazi, said that Nebras “has reached
Diwaniyah refinery and Najaf. advanced stages”, adding that negotiations
Last year, Daura received a new isomerisation are also ongoing for the development of Iraq’s
unit, a new hydrogen plant and tanks for stor- Artawi and Akkas gas fields that will provide
ing light derivatives to increase production of feedstock for the project as well as electricity
improved quality gasoline and light derivatives, generation.
which the Ministry of Oil (MoO) said would In November, Iraqi Oil Minister Ihsan Abdul
save Iraq around $2bn per year. Jabbar said that a “special memorandum” had
The refinery has a nameplate throughput been drafted for the Saudi firm to take an “equal
capacity of 180,000 bpd, though it is understood share” alongside the Ministry of Industry (MoI)
to have been running closer to 140,000 bpd. and Royal Dutch Shell for the establishment of
Meanwhile, new greenfield facilities are the $11bn Nebras project. This followed “inten-
in planned at Wasit (100,000 bpd), Karbala sive discussions” between the parties since April
(140,000 bpd), Samawa (70,000 bpd) and 2020.
Diwaniyah (70,000 bpd), though only Karbala Shell signed a memorandum of understand-
has made any tangible progress. Work on the ing (MoU) with the Iraqi government in 2012
latter project is nearing completion by a South that saw it take a 49% stake, with the MoO and
Korean consortium led by Hyundai Engineering MoI taking a combined 51%.
& Construction ahead of a planned September SABIC has been considering an investment
launch. in the project since late 2017, with Iraq saying a
The refinery will comprise 35 operational and few months later that talks were at an advanced
service units, including four gasoline production stage between the government, Shell and the
units, a thermal cracking unit, a poly-naphtha Saudi firm. The design plans for Nebras entail a
unit to produce octane 95 and 90 fuels as well project that could produce at least 1.8mn tonnes
as 44 storage tanks. Gasoline-producing units per year (tpy) of polyethylene and various other
have already been completed. It is expected to petrochemicals.™

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