Iraqi Oil Exports Surpass 4M bpd

Iraqi Oil Minister Basem Mohammed Khudair reported that Iraq has increased its oil exports to 4.2 million barrels per day, up from just 200,000 barrels daily due to the Gulf War circumstances. He also confirmed that the country's production of petroleum products now reaches 37 million liters per day, an increase of 4 million liters to meet the growing demand. However, a gap remains between production and consumption due to the difficulties in importing gasoline. The minister explained that the solution involves importing additional gasoline shipments through several countries, in addition to completing maintenance on refinery units and attracting investment companies to address the fuel crisis.

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