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وكالة موازين نيوز
وكالة موازين نيوز
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Middle East Oil Company has confirmed that it is now producing at 100% of its capacity, with plans to increase production as market needs dictate. This follows a decrease from 160,000 barrels per day before the export crisis to 90,000 barrels in 2023, then returning to 160,000 barrels in 2025. The company's director explained that current production is fully operational and sometimes exceeds that to meet the demands of power plants and refineries. They have also signed contracts to sell oil via the strategic pipeline and Basra outlets. The company is looking to increase sales according to market needs.
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