Oil Provides 92% of Iraq’s Income

The Construction and Development Bloc confirmed that the Ministry of Oil in Iraq is the main source of the country's revenue, providing approximately 92% of the national budget. A member of the bloc pointed out that oil production this month has exceeded 3 million barrels per day, with progress made in expanding production capacity and overcoming crises such as the gasoline shortage, which will be resolved by establishing a reserve stock of gasoline. The Minister of Oil also stated that Iraq has achieved exports estimated at 70 million barrels per month since August, along with signing contracts to transport oil through various ports. He added that the ministry will continue working to increase production and exports, create an attractive investment environment, and support the national economy while strengthening oil capabilities.

articleDetails.fontSize.sizeحجم النص

تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

عرض المقال بالكامل