About Project

The plant scale should be aimed at satisfying the Iraqi market and regional export markets, such that 1,000 tpd of ammonia combined with 1,754 tpd of urea would appear to be an appropriate size, while avoiding the diseconomies of small scale and low netback deep-sea exports, (“the Transaction”).

LOCATION : Sulaymaniyah, Republic of Iraq 

SERVICE : Corporate Management 

VALUE : USD 810 million

SIZE : 1,000 tpd of ammonia combined with 1,754 tpd of urea  

CLIENT : Royal Phosphate & Fertilizers Industries Ltd. Co.

SECTOR : Industrial

Overview

Historically, the market in Iraq was substantially greater than it is currently. It is certainly possible that having a reliable indigenous supply of nitrogenous fertilizer will trigger a surge in local demand. However, a facility in Sulaymaniyah would also, need to secure export sales in surrounding countries, most especially Turkey.

ORP was engaged to perform a pre-feasibility and economic model study. 

The main focus was on nitrogen since, both globally and in Iraq, it is the most important nutrient. Furthermore, nitrogenous fertilizers are typically produced from natural gas and there is understood to be inexpensive natural gas available in northern Iraq. 

The most common route for the production of nitrogenous fertilizers is from ammonia produced from natural gas. Whilst other routes to ammonia are known, such as from heavier hydrocarbons or from electrolytically produced hydrogen, the natural gas route dominates global fertilizer production.

In 2023, Kingston led the Development throughout pre-feasibility, feasibility, and bankable feasibility, the legal-financial-technical structure, the financing plan, and documentation to develop the Plant.

Ammonia/Urea Technology Licensors