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[size=36]Due to the inability of national refineries, Iraq imports 16 million liters of fuel per day[/size]
Economie| 05:05 - 19/03/2022
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Baghdad - Mawazine News
, Hussein Talib, General Manager of the Oil Products Distribution Company, confirmed that Iraq imports 16 million liters of fuel per day to meet the local need.
Talib said in a radio interview, "Iraq consumes 28-29 million liters of car fuel per day, but it imports 16 million liters of it because the national refineries are unable to produce this amount."
He added, "SOMO was importing fuel at an amount of 50 to 55 dollars per barrel at the moment of the stability of crude oil prices in the global market at 60 dollars, and thus the price of one liter costs 800 dinars, and it is sold at the subsidized price (450 dinars)," pointing out that the volume of Citizens’ consumption of imported high-octane fuel ranges from 2 to 3 million liters per day.”
He pointed out, “Iraq spends more than 5.5 billion dinars per day to subsidize fuel prices at stations.”
Regarding the fuel crisis in Mosul and Kirkuk, Talib stressed that “there is no shortage in meeting the demand for fuel and transporting it,” explaining that “Iraq last year consumed 24 million liters of fuel, and what is happening now is an increase in demand, bringing consumption to about 29 million liters, as a result of increased demand in the northern region.” Ended 29/H
, Hussein Talib, General Manager of the Oil Products Distribution Company, confirmed that Iraq imports 16 million liters of fuel per day to meet the local need.
Talib said in a radio interview, "Iraq consumes 28-29 million liters of car fuel per day, but it imports 16 million liters of it because the national refineries are unable to produce this amount."
He added, "SOMO was importing fuel at an amount of 50 to 55 dollars per barrel at the moment of the stability of crude oil prices in the global market at 60 dollars, and thus the price of one liter costs 800 dinars, and it is sold at the subsidized price (450 dinars)," pointing out that the volume of Citizens’ consumption of imported high-octane fuel ranges from 2 to 3 million liters per day.”
He pointed out, “Iraq spends more than 5.5 billion dinars per day to subsidize fuel prices at stations.”
Regarding the fuel crisis in Mosul and Kirkuk, Talib stressed that “there is no shortage in meeting the demand for fuel and transporting it,” explaining that “Iraq last year consumed 24 million liters of fuel, and what is happening now is an increase in demand, bringing consumption to about 29 million liters, as a result of increased demand in the northern region.” Ended 29/H
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