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FRANK26: "IMO EXPORTS EQUALS A FLOAT"........F26

Al-Sudani: Iraq will stop importing gasoline this year and will instead focus on exports.


7/7/2025

Prime Minister Mohammed Shia al-Sudani announced on Monday that Iraq will stop importing gasoline this year, stressing that the country is on the verge of self-sufficiency in petroleum products, with a future plan for exports.

During his teleconference launch of the Diwaniyah refinery expansion project , Al-Sudani said, "Iraq has transformed from a country importing petroleum products to one that meets its domestic needs, with the exception of limited quantities of gasoline, which will be eliminated before the end of this year."

He pointed out that "the Diwaniyah refinery will contribute to processing liquefied natural gas with a capacity of 180 tons per day and improving gasoline production to a capacity of up to 10,000 barrels per day," adding that "the new project will be implemented with a total capacity of 90,000 barrels per day, at a cost of $800 million."

Al-Sudani explained that "the completion of refinery projects in the governorates of Maysan, Diwaniyah, and Najaf will pave the way for the export of petroleum products, rather than their import, which represents a strategic shift in the energy sector."

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