The Iraqi refinery in Somalia, built nearly 50 years ago, has returned to public focus after decades of silence. Economist Nabil Al-Marsoumi revealed that Iraq constructed this facility in 1974 under a joint agreement with Somalia. The Iraqi State Company for Oil Projects led the build, showing Iraq’s past role in international development. Now, after many years, this forgotten site may see new life.
According to Al-Marsoumi, the Iraqi refinery in Somalia had an annual capacity of 500,000 tons. Iraq paid for the project using foreign currency, reflecting its economic strength at the time. Meanwhile, Somalia agreed to pay back its 50% share of the costs over three years. The repayment came with only a symbolic interest rate, showing the deal’s friendly and strategic nature.
Recently, this long-lost asset resurfaced during a major regional meeting. On the sidelines of the Arab League Summit, Somalia’s president met with Iraq’s Prime Minister Mohammed Shia al-Sudani. During their talk, the Somali president requested Iraq’s help in restoring the damaged refinery. This unexpected request has drawn new interest from both governments and analysts.
Al-Marsoumi called the discovery a surprise. He said many officials and citizens were unaware that Iraq even owned such a facility abroad. The Iraqi refinery in Somalia stands as a reminder of Baghdad’s earlier investments and partnerships. It may also offer new opportunities for economic cooperation and regional energy support.
Restoring the refinery could bring benefits to both nations. For Somalia, it offers the chance to process fuel locally and reduce reliance on imports. For Iraq, it provides a way to revive past diplomatic ties and invest in strategic infrastructure. Energy partnerships like this can also boost Iraq’s reputation as a regional leader.
Furthermore, the rehabilitation plan may open the door to more international projects. Iraq might consider restoring or modernizing other historic investments around the world. The Iraqi refinery in Somalia shows how global partnerships can last across decades, even if forgotten for a time.
If restored, the refinery could restart operations and create jobs in Somalia. It would also highlight Iraq’s commitment to development and diplomacy. Both countries could benefit from this renewed effort and set an example for other long-term collaborations.