[size=30]Super enters the stations.. Gasoline will not find a utilization rate of more than 3%, and oil will lose 400 million dinars per day
2022-09-01
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Yes Iraq: Baghdad
A number of gas stations in Iraq have launched the sale of the new brand of “super” gasoline, at a price that exceeds regular gasoline by 55%, amid expectations of low demand and losses that may reach 400 billion dinars per day for the Ministry of Oil.
General Director of the Distribution Company, Hussein Talib, said that "his company has launched today, imported (super-pure) gasoline, to equip citizens' vehicles," explaining that "this product of gasoline is imported with hard currency."
He pointed out that “the price of one liter is “1000 dinars, with government support of 400 dinars, calculating the import price of 1,400 dinars,” noting that “the price is subject to periodic review according to developments and changes in global market prices.”
He explained that "a number of stations have been allocated to equip vehicles with super gasoline, as two stations have been identified in Baghdad, subject to increase, one on the Rusafa side, which is Musa bin Naseer station, and the other in Karkh, which is the government message station in the Mansour area, while in the provinces, it has been allocated One station expandable.
Of the 29 million liters of gasoline sold daily in Iraq, only 3 million liters of improved gasoline are sold due to its higher price compared to regular gasoline. Accordingly, it is not expected that super gasoline will be sold at more than one million liters per day, or perhaps less.
Since the Ministry of Oil will lose 400 dinars per liter due to the inclusion of super gasoline in government subsidies, the losses will amount to 400 million dinars per day.
According to some of those who launched the use of super gasoline, the super gasoline is poor, and there is no big difference between it and the normal one, and it is not characterized by great purity, as the ministry says, and the only difference is raising the octane ratio to increase the percentage of professionalism and a dangerous amount for the engine, and modern car owners who can measure the purity of gasoline indicate , the so-called “knock sensor” in regular gasoline reads 4-5, while in supercharged it reads 11.
While it is expected that more than one million liters of super gasoline will not be sold per day, out of about 30 million liters per day sold in Iraq, the percentage of use of super gasoline will not exceed 3%.
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