Iraqi Oil sets next March as a date to end cash dealing at gas stations, 8 JAN

Iraqi Oil sets next March as a date to end cash dealing at gas stations

Shafaq News/ The Petroleum Products Distribution Company affiliated with the Iraqi Ministry of Oil has set, on Sunday, the end of next March as a deadline for cash transactions at government and private fuel filling stations.

The company’s general manager, Hussein Talib, told Shafaq News Agency, “Electronic payment will be approved at fuel filling stations in the first quarter of this year.”

He added, “All government and private fuel filling stations will use the electronic payment system to fill fuel, on the first of next April.” The Iraqi Ministry of Oil announced on Wednesday, November 22, 2023, that the Petroleum Products Distribution Company will adopt electronic payment systems at all gas stations, starting from the beginning of the year 2024 .

The Ministry explained in a statement that, based on the directives of the Council of Ministers in its session No. 23620 of 2023, held on 10/31/2023, related to activating the electronic payment service, adopting modern automation systems, and ending cash dealing, and accordingly, and in line with government directives, the Ministry of Oil decided to distribute petroleum products. Adopting electronic payment systems in all stations and suspending cash transactions as of January 1, 2024.”

shafaq.com