Iraq’s plans to boost its refining capacity faces several hurdles, such as a lack of economy of scale and financing, which may thwart attempts by OPEC’s second-largest producer to wean itself off gasoline and gasoil imports, according to analysts. Iraq wants to reach a throughput of around 910,000 b/d by the first quarter of 2022 and is focusing on two main projects, deputy oil minister Hamed al-Zobai told S&P Global Platts Sept. 17. The country wants to add another 70,000 b/d to the Baiji complex by year-end, and 140,000 b/d in two years, boosting the facility’s refining capacity to 280,000 b/d to become once again […]