Eni will operate the upcoming Basra III refinery, proposed to be built at Al-Basrah in Iraq. The non integrated refinery will be owned by Eni and others and is expected to start operations in 2025.
Key processes of the refinery
Crude Distillation Unit (mbd): 150
Vacuum Distillation (mbd): 72
Coking (mbd): 39
Catalytic Cracker (mbd): 38
Hydrocracker (mbd): 36
Reformer (mbd): 29
Hydrotreater (mbd): 95
Alkylation (mbd): 5
Isomerization (mbd): 9
Subsequent expansion at the Basra III refinery will increase its refining capacity by 150mbd.
During the period 2021-2025, the Basra III refinery is expected to witness an estimated capex of $2,100m.
About Eni
Eni SpA (Eni) is an integrated oil and gas company that discovers, explores, develops, and produces crude oil, natural gas and condensates. The company is also involved in the supply, trading, and shipping of natural gas, LNG, electricity, and fuels. It has operations in Italy, Cyprus, the UK, Portugal, Algeria, Egypt, Gabon, Nigeria, Russia, Venezuela, and other countries. Through its refineries, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants, and allied products. It commercializes these products through wholesalers and retail networks. The company has properties across Italy, Other European Union, Rest of Europe, Americas, Asia and Africa. Eni is headquartered in Rome, Lazio, Italy.
Methodology
Information on the refinery is sourced from GlobalData’s refinery database that provides detailed information on all active and upcoming, crude oil refineries and heavy oil upgraders globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.