Iraq's state-owned North Refineries Co has said that its Baiji oil refinery has resumed production and is looking to boost production levels to 80% to make up for losses after a temporary shutdown, Reuters has reported. The stop in work was due to an electrical fault caused by overloading of the grid. The refinery normally operates at 70% of its production capacity. North Refineries Co, which operates the refinery, has a capacity of 300,000 barrels per day (bpd).
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