DISCLAIMER: This is an industry reference article based on publicly available reporting. Hebei Haihao makes no claim of supply, EPC participation, or commercial relationship with any company or contractor named in this article. All information is sourced from public news, corporate releases, and industry publications.
1. Project Background
The Basrah Refinery Upgrading Project, also known as the BORC FCC project, is the largest single downstream upgrade undertaken at Iraq's 210,000 bpd Basra refinery, operated by the South Refineries Company (SRC). The project's purpose is to deepen the refinery's product slate by adding modern conversion capacity, lifting Iraq's domestic refined-product self-sufficiency.
According to public reporting from Argus Media, work to upgrade facilities at Iraq's 210,000 bpd Basra refinery has been finished and commercial operations were expected to begin in December 2024, after the completion of construction work financially supported by Japan's state-owned Japan International Cooperation Agency (JICA).
For international procurement engineers, the Iraq Basra Refinery BORC upgrade is a useful reference for refinery upgrades funded through bilateral concessional finance and executed by Japanese-led EPC consortiums.
