The Iraqi Ministry of Oil has signed an agreement with Japan’s JGC Corporation to restart construction on a large fluid catalytic cracking (FCC) project. The deal, announced Friday, marks a renewed effort to bolster Iraq’s oil refining capacity. Details regarding the project’s scope and timeline were not immediately available in the initial announcement. This resumption suggests a commitment from both nations to strengthening energy cooperation. The FCC unit is crucial for upgrading heavy oil into higher-value products like gasoline. The project's continuation is expected to contribute to Iraq’s economic growth and reduce its reliance on imported refined products. Further details will be released as they become available.

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