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 […]
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.
By John Lee. The KRG's Ministry of Natural Resources plans to monitor tanker trucks carrying fuel from local refineries to petrol stations in order to regulate the price and quality of petrol in the region, according to a report from Rudaw. Petrol stations receiving petrol from the government at a subsidized price are required to […]
The Kurdistan Regional Government Ministry of Natural Resources and Erbil Governorate authorities have introduced new regulations on the sale of petrol from private fuel stations in Erbil Governorate, Kurdistan Region. This move will benefit consumers, introduce a uniform standard of petrol quality in Erbil, and will help to protect Kurdistan’s environment. Effective 25 August, 2013, […]
Translated from Azzaman Iraq for Al-Monitor by Naria Tanoukhi. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Former Iraqi oil minister Issam al-Jalabi says that although Iraq is an oil-rich country, it still imports petroleum products from abroad to meet its needs 10 years after […]
As demand for petrol in central and southern Iraq rises to cope with power shortages, the amount of fuel allocated to Kurdistan from Baghdad has been reduced by almost 65%, according to AKnews. Erbil’s fuel distribution director, Nuraddin Hamed, told the agency that while Erbil used to receive 1,600 million liters of petrol from the […]
"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 […]
