Fuel tanker ‘damaged’ in Iraqi territorial waters by unidentified source: Ministry

The United Kingdom Maritime Trade Operations (UKMTO) said a tanker was struck by “an unknown projectile” off Iraq’s Faw port in Basra province, adding that the crew are safe and no environmental impact has been reported.

News

Iraq oil ministry blames fuel queues on supply gap

The renewed regional conflict and higher costs of materials needed to produce higher-quality fuel have reduced supplies at fuel stations across Iraq and the Kurdistan Region.

News

KRG ready to swap oil quota for subsidized fuel from Baghdad: Ministry

Earlier in August, Iraqi Oil Minister Basim Mohammed Khudair said that Baghdad is ready to provide necessary gasoline in exchange for the KRG’s handover of 50,000 barrels of oil designated for domestic use.

News

Fuel warehouse blaze injures at least 20 in Sulaimani

The fire was sparked by a tanker on site, which caused an explosion at the fuel storage facility, according to The New Region’s correspondent on site.

News

Fire erupts at fuel depot near Erbil

The fire erupted at a fuel storage facility in Erbil province's southwestern Shamamk subdistrict, about 12 kilometers outside the city. The site also includes a gas station and a small refinery, according to the correspondent.

News

KRG to review proposed fuel price hike in Monday meeting: Source

The proposals include raising the prices of both Improved and Super gasoline by 300 Iraqi dinars per liter, the source explained. Based on the proposal, Super gasoline would rise to 1,500 Iraqi dinars per liter, while Improved gasoline would increase to 1,300 Iraqi dinars per liter.

News

KRG introduces caps on gasoline prices

“The gas stations must then sell it at 850 dinars, making a profit of 20 dinars per liter, and no more than that is permitted — they are not even allowed to price a liter at 851 dinars,” the source added.

News

KRG authorizes gasoline imports to meet demand, reduce prices

“In a bid to address the gasoline shortage and bring prices under control, Acting Minister of Natural Resources Kamal Mohammed Salih has issued a directive to the General Directorate of Security authorizing the import of gasoline,” the ministry said in a statement.

News

Iraq authorizes oil shipments to embattled Lebanon

Iraq authorizes loading and delivery of a fuel tanker to Leabnon amid a severe energy crisis.

News