00:00 Iraq spends more than 5 billion dollars annually to import oil, to meet the need for population growth and economic activity.
00:10 Local production is not equal to the demand for weakening the performance of the recycling sector over the past years.
00:15 The government's plan to find solutions to investment has also led to the development of local production, with financial pressure and time constraints.
00:23 The most difficult was the North Basin, which was shut down in 2014 due to military operations on it,
00:31 to be re-fueled in six months with production energy up to 150,000 barrels per day.
00:38 The production unit for improving the oil in the North Basin produces no less than 4,000 cubic meters per day,
00:46 which is equivalent to 4 million liters of gasoline, which will contribute to reducing the amount of oil imported from abroad
00:56 and to reducing the bill paid by the state for importing these oil.
01:03 In addition, our production of gas oil will increase, and our production of white oil will also increase.
01:12 The contract with foreign companies to rebuild the refinery has been terminated due to the prolonged period of work,
01:18 which is extended to three years.
01:20 The Iraqi Ministry of Oil has proposed a re-refinery plan,
01:26 taking into account the re-refinery as a new production specification.
01:31 According to the instructions of the leadership of the Ministry of Oil,
01:35 the refinery will be rebuilt with national effort due to the speed of the construction.
01:43 The international companies have been required to work for three to four years.
01:48 And indeed, thank God, the work has been completed and the refinery has been rebuilt.
01:55 Of course, this is the first type of reconstruction on the Iraqi Ministry of Oil's behalf and with national effort.
02:01 The refinery has been rebuilt with a total of 150,000 barrels,
02:05 and the damage has been removed.
02:07 The refinery has been rebuilt with an underground foundation,
02:11 and the piping and other services have been rebuilt.
02:16 The refineries will contribute to the self-sufficiency of the country from oil companies.
02:20 The local market is daily refueled with diesel and gas oil,
02:24 in addition to gasoline, with more than 4.5 million liters per day.
02:29 In addition to black oil, the refinery will run electricity generation stations.
02:33 We are keen to export our final product to the consumer
02:40 within the specifications and we have never neglected environmental specifications and environmental care,
02:48 because this is one of the important specifications that we have never neglected
02:53 and we took it into account from the first day of the reconstruction campaign.
02:56 The oil refinery in Iraq consists of three government companies,
03:00 which include 14 refineries that produce all oil refineries,
03:04 with an increase of 1.2 million barrels per day,
03:07 covering 70% of the demand, which is 31 million liters per day,
03:12 of which 16 million are secured by import.
03:15 The production of more than 1.2 million barrels per day of oil refineries through the government system
03:21 reduces the pressure on the annual financial balance in bearing large import costs to compensate for production shortages.
03:27 It also contributes to the creation of new direct or secondary jobs that limit unemployment rates in the country.
