Iraq’s oil ministry on Monday said the nation would reduce its petroleum products imports by 25 percent as crude oil refineries are being rehabilitated following fighting with ISIS militants.
Iraq is OPEC’s second-largest oil producer after Saudi Arabia. Its refining capacity was curtailed when ISIS militants overran Baiji, north of Baghdad, in 2014.
Iraqi forces recaptured Baiji in 2015 but it sustained heavy damage. The country now relies mainly on the Dora refinery, in Baghdad, and the southern Shuaiba plant.
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