A Milestone Achievement: Oil Load Group Leads the Formation of the Iraqi Kurdistan Petroleum Derivatives Consortium
In a significant step toward enhancing the energy sector in the Kurdistan Region of Iraq, the Oil Load Group has spearheaded the formation of the Iraqi Kurdistan Petroleum Derivatives Consortium. This groundbreaking initiative, established in the latter half of 2024, is set to revolutionize production capabilities and redefine the standards for fulfilling large-capacity contracts in the region.
Strengthening Production Capacity
The primary goal of this consortium is to elevate production capacity, enabling the Oil Load Group and its partners to meet the growing demands of the market. With an increased loading capacity of 500 tons per day, the consortium has solidified its ability to cater to larger-scale orders efficiently and effectively. This achievement marks a transformative phase for the Oil Load Group, positioning it as a leading force in the petroleum derivatives industry.
Expanding Service Capabilities
The enhanced production capabilities allow the Oil Load Group to secure contracts exceeding 10,000 metric tons. These include a diverse range of products such as:
Diesel (3000 ppm, 5000 ppm, 9000 ppm)
Naphtha
Hydrocarbon blends (C5, C6, etc.)
Various types of condensates
These products are now available at highly competitive prices, complemented by faster delivery times, ensuring unparalleled service for clients.
A Vision for Growth
The formation of the Iraqi Kurdistan Petroleum Derivatives Consortium exemplifies the Oil Load Group’s commitment to innovation, efficiency, and customer satisfaction. By uniting key players within the industry, this consortium not only strengthens the region's energy infrastructure but also enhances its capacity to compete on a global scale.
This milestone achievement underscores the Oil Load Group’s vision for a dynamic and prosperous future for the petroleum derivatives sector in Iraqi Kurdistan. As the consortium embarks on this journey, it promises to set new benchmarks for operational excellence and market responsiveness.
The Oil Load Group extends its gratitude to all stakeholders who contributed to making this vision a reality. Together, we are driving progress and building a stronger, more resilient energy sector for the region.
