Master plan urged for Iraq's downstream industries

Iraq needs a master plan for modernization and expansion of its refining and gas processing industries.Although global attention focuses on Iraqi production and exports of crude oil, the country's processing capability is crucial to the performance of the oil industry and economy. The refining and gas processing infrastructure requires extensive rehabilitation and modernization as it suffered a great deal due to three wars and 13 years of sanctions.In parallel with the effort to revive production of crude oil, therefore, Iraq needs to increase the productivity of light products in its refineries by increasing conversion capacities and advancing the use of natural gas before building n...

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