Iraq to Export 3 Types of Oil for the First Time in Its History

The Iraqi Oil Minister, Ihsan Abdul-Jabbar, announced on Sunday that the country will, for the first time, export three types of oil.
Abdul-Jabbar said during a conference, “the price of 42 dollars per barrel was approved in the budget for next year”, noting that oil prices began to recover after reaching 49 dollars per barrel.
He added, “the state’s policy is to support and invest in the gas sector.”

About Parvin Faghfouri Azar

Check Also

Sanctions Pushed Russian Oil Revenues Lower in 2025

Sanctions from the European Union and the United States pressured Russian crude oil export revenues …

Leave a Reply

Your email address will not be published. Required fields are marked *