“The queues at gas stations in Baghdad were the result of the shortage of electricity and the high temperatures,” the spokesman of the Iraqi Oil ministry said today.
“The high temperatures prompted citizens to store petrol for their home generators,” Assim Jihad said.
“The Ministry is regularly providing the stations with fuel and gasoline,” he added, noting that “the owners of the stations were told to increase their working hours at night.”
“If the production of oil derivatives was compared to that of last year, we notice an increase of (20-40%) in the production, and the Ministry is now working on gasoline production which is between 15 to 18 million liters per day,” he said.
The Iraqi Oil Ministry allowed foreign and Arab investors to develop the oil fields through the three licensing rounds in 2009 and 2010, in a move that aims to raise the country’s exports of crude oil to seven million barrels per day during the next six years.
(Source: AK News)