Hyundai Engineering & Construction produces gasoline for the first time at its Basra refinery in Iraq
Oct 28, 2025
Hyundai Engineering & Construction has completed major construction work on the site of the advanced facility at the Basra refinery in Iraq and has started a trial run.
Hyundai Engineering & Construction announced on the 25th (local time) that it held an event to commemorate its first gasoline production at the construction site of the Basra oil refinery in southern Iraq, attended by key figures such as Iraqi Prime Minister Mohammed Shia'Al-Sudani, Iraqi Oil Minister Hayan Abdul Ghani, Korean Ambassador to Iraq Lee Joon-il and Hyundai Construction Plant Business Headquarters Ryu Sung-an.
The project, which Hyundai Engineering & Construction won in 2020, is an advanced facility construction project that produces up to 240,000 barrels of gasoline a day based on oil residues (oil residue from crude oil refining) in Basra, a southern city about 450 kilometers southeast of Baghdad. The advanced facility is a facility that converts heavy 質油 such as bunker-C oil and asphalt from refining crude oil into high-value-added gasoline or diesel, and Hyundai Engineering & Construction carried out the project with Japan's JGC in a batch turnkey method including design, procurement, construction, and commissioning.
Iraq, which has the world's fifth-largest oil reserves, has been working on facility expansion and modernization at the government level as it relies on gasoline for imports due to its aging and damaged oil infrastructure. It is expected that Iraq's energy independence and oil production profitability will improve significantly when the Basra refinery's advanced facilities are fully operational early next year.
Meanwhile, Hyundai E&C has been building about 40 major national facilities worth $12 billion, including northern railways, Karbala oil refinery construction, and seawater treatment facility projects, since entering Iraq starting with the first phase of the Basra sewage system in 1978. Currently, it plans to accelerate global market expansion by expanding its stride to eco-friendly plants in addition to oil and gas.
Hyundai Engineering & Construction announced on the 25th (local time) that it held an event to commemorate its first gasoline production at the construction site of the Basra oil refinery in southern Iraq, attended by key figures such as Iraqi Prime Minister Mohammed Shia'Al-Sudani, Iraqi Oil Minister Hayan Abdul Ghani, Korean Ambassador to Iraq Lee Joon-il and Hyundai Construction Plant Business Headquarters Ryu Sung-an.
The project, which Hyundai Engineering & Construction won in 2020, is an advanced facility construction project that produces up to 240,000 barrels of gasoline a day based on oil residues (oil residue from crude oil refining) in Basra, a southern city about 450 kilometers southeast of Baghdad. The advanced facility is a facility that converts heavy 質油 such as bunker-C oil and asphalt from refining crude oil into high-value-added gasoline or diesel, and Hyundai Engineering & Construction carried out the project with Japan's JGC in a batch turnkey method including design, procurement, construction, and commissioning.
Iraq, which has the world's fifth-largest oil reserves, has been working on facility expansion and modernization at the government level as it relies on gasoline for imports due to its aging and damaged oil infrastructure. It is expected that Iraq's energy independence and oil production profitability will improve significantly when the Basra refinery's advanced facilities are fully operational early next year.
Meanwhile, Hyundai E&C has been building about 40 major national facilities worth $12 billion, including northern railways, Karbala oil refinery construction, and seawater treatment facility projects, since entering Iraq starting with the first phase of the Basra sewage system in 1978. Currently, it plans to accelerate global market expansion by expanding its stride to eco-friendly plants in addition to oil and gas.
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This article was translated by Naver AI translator.
