iPhone | iPad
Android
Huawei
The bloc has set an ambitious target to become "climate neutral" by 2050
KT APPDOWNLOAD
Iraq’s Karbala refinery to reach full capacity by July
The refinery in Karbala will start commercial production mid-March.
Iraq is aiming for its 140,000 barrel per day (bpd) Karbala refinery to operate at full capacity by July, a source at the refinery told Reuters on Tuesday.
Oil minister Hayan Abdel Ghani said on Sunday that the refinery will start commercial production mid-March. This will be a test run at 60 per cent capacity, the source clarified.
At that stage, the refinery will require around 70,000-80,000bpd of crude until it reaches full capacity, the source said.
The refinery’s start-up will not necessarily affect southern crude exports, as Iraq could cut crude throughput at other refineries or increase oil production, the source added.
Iraq exported 3.24 million bpd of crude from its southern port of Basra in December, data from state-owned marketer SOMO seen by Reuters showed on Tuesday. — Reuters
More news from Business
The problem with mobile phones is that people look at them too much
Findings add to the woes of the Swiss investment bank
The company was the first of several flour milling privatisations in Saudi Arabia
Businessmen affirmed that the Dubai Economic Agenda D33 supports their strategies
Al Tayer: Empower is moving forward with its expansion
The annual ASDA’A BCW Arab Youth Survey won EMEA Innovation SABRE Gold for the second consecutive year
As the company prepares to introduce the headset in June, enthusiasm among the staff has given way to scepticism