Iraq leans on refining sector after major capacity expansion
Countrywide refining capacity has risen by 30 percent in two years, giving Iraq strategic flexibility in an era of pipeline outages and OPEC pressure.
Iraqi Prime Minister Mohammed Shia al-Sudani speaks at an opening ceremony for the Karbala refinery on April 1, 2023. (Photo credit: Prime Minister's Office)
Iraq's refining sector has expanded significantly in recent years, with overall capacity increasing by about 275,000 bpd since 2022, according to an Iraq Oil Report survey of the country's 18 major refineries.
The steady rise of the domestic market has provided an essential source of demand in an era when exports have been constrained by quota pressure from OPEC-plus, the shut-down of the northern pipeline system to Turkey, and infrastructure bottlenecks at southern export outlets.
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