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Iraqi Oil Ministry’s Bold Push for Self-Sufficiency and Exports

The Iraqi Oil Ministry has expressed its commitment to achieving self-sufficiency in oil products, coupled with an enhancement in their quality, ultimately facilitating the export of surplus products to international markets.

This commitment was highlighted during a visit by Undersecretary for Liquidation Affairs, Adnan Mohamed Hammoud, to the Karbala oil facility. In a discussion with refinery officials and staff, Hammoud emphasized that the government’s strategic program aims to maximize national production of oil derivatives. This is to be achieved by bolstering the liquidation sector as well as advancing development and investment initiatives.

Hammoud noted the urgency of implementing these plans, which encompass the creation of new refineries and the addition of production units for improving the quality of oil derivatives in accordance with established international standards.

He highlighted that the operation and output of the Karbala refinery plays a crucial role in satisfying local market demands and supporting other industrial sectors. The refinery is recognized as one of the most advanced local facilities providing high-quality oil products.

Furthermore, the Undersecretary underscored the vital contribution of refinery personnel, urging them to exert maximum effort to maintain stability and consistency in the production process.

Commercial data indicates that Iraq is currently importing over 22,000 barrels of gasoline per day as of 2024, underscoring the ongoing need for further advancements in domestic oil production capabilities.

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