KRG Oil & Gas Council discusses Fuel Shortages

Deputy Prime Minister Qubad Talabani yesterday chaired a meeting which included several ministers, the KRG Oil and Gas Council, and Kurdistan’s governors to discuss measures to tackle fuel shortages in the Region.

The meeting was designed to identify solutions to overcome the current fuel shortage, considering the current situation in Kurdistan and throughout Iraq and the difficulties facing citizens.

Deputy Prime Minister Talabani highlighted the importance of accelerating the import of commercial gasoline, priced reasonably, and the continued distribution of subsidized gasoline. He also stressed the importance of a workable solution because of the holy month of Ramadan and the current situation in Kurdistan.

It was reiterated that priority would be given to the Kurdistan Region’s security forces currently deployed on the front lines to protect the Region. Their gasoline will be provided through their chief of operations, and the KRG will continue to provide the needed petrol for the forces.

The Minister of Natural Resources explained the decision to price imported gasoline at private sector filling stations at 1,250 Iraqi Dinars per liter and to maintain the price of subsidized gasoline at 500 Iraqi Dinars per liter, with the prices to be reviewed in the coming two months.

(Source: KRG)

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