By John Lee. The Ministry of Oil has confirmed that crude oil extraction and production are continuing at approved levels under an emergency plan adopted by the Fuel Crisis Cell. The ministry said production of refined products and liquefied petroleum gas is sufficient to meet domestic demand, adding that distribution operations are proceeding smoothly across […]
By John Lee. The Ministry of Oil has announced the successful commissioning of the Fluid Catalytic Cracking (FCC) unit at South Refineries Company (SRC), with the start of production of high-octane upgraded petrol. Deputy Prime Minister for Energy and Minister of Oil Hayan Abdul Ghani Al-Sawad praised the workforce at South Refineries Company for achieving […]
By John Lee. Iraq's Oil Products Distribution Company (OPDC) has announced its 2024 fuel sales figures, showcasing extensive distribution across Iraq via retail outlets, electronic POS systems, and direct supply to state institutions, private companies, investors, displaced persons, the Ministry of Electricity, and aviation services. Director-General Hussein Talib Aboud attributed the successful distribution to coordinated […]
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 […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The shutdown of Iraq's biggest refinery, roads blocked by fighting, and skyrocketing demand have created the worst fuel crisis in years in the country's semi-autonomous Kurdish region.
The KRG Oil and Gas Council held a meeting last week to discuss fuel shortages. The meeting culminated with the announcement of four important steps aimed at combating fuel shortage in the Kurdistan Region. The meeting was headed by KRG Prime Minister Nechirvan Barzani and Deputy Prime Minister Qubad Talabani. In the meeting, also attended […]
Iraq's State Oil Marketing Organisation (SOMO) has issued a tender for the purchase of around 675,000 tonnes of petrol and around 38,250 tonnes of gas oil
Iraq's electricity and transport ministries have announced the launch of a joint railroad project that will carry fuel to the Dora Power Station in southern Baghdad, Aswat al-Iraq has reported. Transport minister, Amir Abduljabbar has said that a similar project will be carried out in Basra province, south of Baghdad. ( AME Info FZ LLC […]
For first since the 2003-U.S. invasion Iraq produces enough fuel to meet all its domestic needs, the Oil Ministry said
