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Iraq bought more than one million tons of gasoline during the first quarter of 2022
Shafaq News/ The "Iraq Future" Foundation, concerned with economic affairs, said on Friday that Iraq bought more than 1.1 million tons of gasoline during the period from 1-1-2022 to 31-3-2022, an increase of 34% compared to the same period in last year.
In a report published today, the Foundation said that the cost of one liter purchased from the Iraqi government during the first three months of the current year is 1,315 Iraqi dinars per liter, while the cost of one liter purchased during the past year was 930 Iraqi dinars per liter.
According to the Foundation, Iraq's loss from selling gasoline during the first three months of the current year amounted to 618 million dollars, while Iraq's loss from selling gasoline during all of 2021 amounted to 793 million dollars.
The report pointed out that with the continued rise in oil prices, and the increasing demand for gasoline, it is expected that Iraq's loss until the end of this year will reach 2.9 billion US dollars.
In turn, the head of the organization, Manar Al-Obaidi, stressed that it is necessary to work to accelerate the activation of the Karbala refinery, which will fill a large part of Iraq's need for improved and regular gasoline and will reduce the amount of total loss of gasoline.
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In a report published today, the Foundation said that the cost of one liter purchased from the Iraqi government during the first three months of the current year is 1,315 Iraqi dinars per liter, while the cost of one liter purchased during the past year was 930 Iraqi dinars per liter.
According to the Foundation, Iraq's loss from selling gasoline during the first three months of the current year amounted to 618 million dollars, while Iraq's loss from selling gasoline during all of 2021 amounted to 793 million dollars.
The report pointed out that with the continued rise in oil prices, and the increasing demand for gasoline, it is expected that Iraq's loss until the end of this year will reach 2.9 billion US dollars.
In turn, the head of the organization, Manar Al-Obaidi, stressed that it is necessary to work to accelerate the activation of the Karbala refinery, which will fill a large part of Iraq's need for improved and regular gasoline and will reduce the amount of total loss of gasoline.
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