Iraq reopened on Friday its rehabilitated North Oil Refinery in Baiji, which had been inactive for more than 10 years
and which brings OPEC’s second-largest crude producer closer to being self-sufficient in oil products, the Prime Minister Media Office said in a statement. The Baiji refinery was damaged by insurgent violence when Al Qaeda and later ISIS were fighting for control of Iraqi territories and for control of the oil refinery.
The restart of the refinery raises the total processing capacity of the Baiji refining complex to 290,000 bpd, according to Reuters. With the start-up of the North Oil Refinery in Baiji, Iraq is nearing the capacity necessary to supply all of Iraq’s oil product demand by the middle of next year, at the latest, PM Al-Sudani said at the inauguration ceremony.
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