Oil is preparing to export gas oil after achieving self-sufficiency

Economy

6-05-2024, 16:45

+A -A

Baghdad - INA

The Ministry of Oil announced today, Monday, its readiness to export gas oil after achieving self-sufficiency in it.

The Undersecretary of the Ministry of Oil for Refining Affairs, Hamid Al-Zubaie, said in a statement received by the Iraqi News Agency (INA): “The Ministry is in the process of exporting the surplus gas oil produced locally to global markets after it succeeded in meeting the country’s need for it.”.

He added, "Logistics procedures are being completed at the ports for export purposes in order to maximize revenues."