2025-01-28T07:58:20+00:00
The Ministry of Oil has announced its projections for oil derivative sales in 2024.
According to Hussein Talib, the company has recorded significant increases in annual sales of various fuel types. This uptick is attributed to the implementation of electronic automation in operations and the transition from paper to electronic payment methods at distribution outlets. Additionally, the enhancement of complementary services and substantial improvement in the private sector’s role in distribution have contributed to better service provision for both citizens and various institutional sectors. This reflects an observable year-on-year advancement across several areas, particularly in inspection activities, fuel sales, product transport, and LPG gas consumption.
In terms of sales quantities recorded over the past year, various gasoline types (normal, heavy, and premium) reached approximately 11.5 billion liters, while civil and military aircraft fuel sales totaled 154 million liters.
Further insights about distribution productivity were provided by Milad Rashid, Director of the Transport Authority. He reported that the annual productivity for the transfer of oil derivatives across all governorates reached around 1.104 billion cubic meters in the previous year.
Regarding the supply of LPG for vehicles, Falah Hashem, the Director of the Processing Body, noted a significant rise in both government and private outlets providing liquid gas. Currently, 53 outlets are operational for gas supply. The demand has surged, leading to a total of over 327 million liters of liquid gas consumed from all distribution and gas packing outlets throughout Iraq in 2024.