MIDOR raises refining capacity by 15%

MIDOR has raised its daily refining capacity by 15% to 115k bbl in January 2017, an unnamed official at the company told Reuters. The increase is attributed to the USD 20 mn first phase of the company’s expansion plan, he added. The second phase begins in 2H2017 to raise the daily capacity to 160k bbl, the official said. The Oil Ministry has reportedly hinted last week that it is looking at using excess capacity at MIDOR to refine imported Iraqi crude.