Page 9 - DMEA Week 43 2021
P. 9
DMEA POLICY & SECURITY DMEA
Baghdad starts
sending fuel to Erbil
IRAQ THE federal government in Baghdad has started people, but as I said, it has to be very high quality
sending tankers filled with gasoline to the Kurd- as per the standards we have set, and the price be
istan Regional Government (KRG) in Erbil to reasonable, and serves the people.”
ease a fuel supply crisis in the semi-autonomous The fuel supply crisis was raised between
region. the ministers earlier this month when they met
The KRG announced this week that follow- to discuss collaboration in the oil and gas sec-
ing a meeting between Kurdistan’s Minister of tor. At the time, Abdul Jabbar “emphasised the
Natural Resources Kamal Atroshi and Iraqi Oil importance of working on increasing transpar-
Minister Ihsan Abdul Jabbar, the first cargoes ency and sharing information on oil activity,
of 540,000 litres per day of gasoline had been revenues achieved and working together for
received. optimal investment of natural and hydrocarbon
Fatah Rahman, general director at the Min- resources throughout Iraq to support and pro-
istry of Natural Resources (MNR), said: “Bagh- mote the national economy”.
dad will provide 540,000 litres of gasoline to He added that they should work together to
the Kurdistan Region provinces daily, and this invest in clean forms of energy, particularly seek-
amount will double on November 1, 2021, ing to end gas flaring from the country’s oilfields.
meaning it will become 1.08mn litres [per day] On this topic, the finance minister told the
of gasoline.” Green Initiative Forum in Riyadh this week that
He added that the fuel would be priced at Baghdad is “drawing policies to stop burning
IQD690 ($0.47) per litre at fuel stations. Accord- accompanying gas [flared gas] that will stop for
ing to Atroshi, the KRG’s gasoline demand sits at good by 2025.”
around 5mn litres per day. He added: “We are working on providing a
Meanwhile, KRG spokesperson Jotiar Adil budget of $3bn every year to replace all of the liq-
told local media outlet Rudaw: “We do not mind uid oil that is used in electricity generation plants
if businessmen import gasoline that serves the in order to work with natural gas.”
Week 43 28•October•2021 www. NEWSBASE .com P9
