Iraq Begins Exporting Jet Fuel Globally

October 8, 2024 42 sec read

Tammam Almaliky Follow

The Undersecretary of the Ministry of Oil for Refining Affairs, Mr. Hamid Younis, announced the start of Iraq’s export of jet fuel from Iraqi ports.

Mr. Younis stated that the ministry has commenced exporting jet fuel at a rate of (800-1000) tons per day, emphasizing that the Iraqi production of jet fuel meets international specifications and standards.

This step comes to strengthen Iraq’s role in the global market as one of the countries producing and exporting oil and its derivatives, reflecting the significant development in the Iraqi oil industry.

Benefits of exporting jet fuel for Iraq:

Increased financial revenues: Export operations contribute to increasing the financial revenues of the oil sector, which supports the national economy.
Strengthening Iraq’s position globally: Exporting jet fuel confirms Iraq’s position as a key player in the global energy market.
Supporting economic development: Exporting jet fuel is one of the areas of economic development that the ministry seeks to achieve.

This achievement is attributed to the efforts of the Ministry of Oil and its employees, and their determination to open new horizons to achieve economic development in the country.

Source:
Ministry of Oil

Tammam Almaliky Follow An observer of the Iraqi economy, with a particular interest in the intersection of leadership and management within this dynamic landscape. My writing delves into the challenges and opportunities facing businesses and leaders in Iraq, examining how effective decision-making and strategic vision can navigate the complexities of this market.

Energy

#intro

« Iraq Explores Solar Energy Partnership with Huawei

Iraq’s Industrial Strategy for 2030: A Comprehensive Overview »

Karbala Refinery Back in Operation with High Production Capacity

Ali Basheer
Oct 23, 2024 43 sec read

Iraq Explores Solar Energy Partnership with Huawei

Tammam Almaliky
Oct 8, 2024 50 sec read

WHAT

A comprehensive digital repository for cutting-edge, scientifically-grounded narratives, research, and insights about Iraq. This platform aggregates information from interviews, seminars, and conferences, offering a non-partisan perspective on Iraq’s development and potential.

WHY

Our mission stems from a profound commitment to Iraq’s future and its people. We aim to liberate Iraq from the constraints of oil dependency and guide it towards a diversified, sustainable economy. Iraq, with its youthful dynamism and rich heritage, stands poised for transformation. Despite years of regional turbulence, we envision Iraq reclaiming its rightful position as a pivotal player in the Gulf, Middle East, and beyond. Harnessing its abundant human capital and natural resources, Iraq is primed to forge a destiny commensurate with its potential.

WHO WE ARE

We are a diverse coalition of passionate advocates, including Iraqi-Americans, Iraqis, Americans, and global citizens invested in Iraq’s prosperity. Our collective aspiration is to catalyze a robust, private sector-driven Iraqi economy that transcends the pitfalls of resource dependency. We champion full, meaningful employment for Iraq’s youth, shifting focus from public sector reliance to private sector innovation and growth.

HOW

Our approach is multifaceted, leveraging compelling narratives, incisive articles, thought-provoking interviews, and high-impact seminars and conferences. We strive to educate, illuminate, and inspire action. Recognizing the fragmented nature of information on Iraq, IRAQNOMX aims to become the definitive hub for comprehensive, forward-thinking insights on the nation’s trajectory.

We’re forging strategic collaborations with a wide array of entities invested in Iraq’s future:

Academic institutions and think tanks specializing in Middle Eastern studies and economic development.
Non-governmental organizations (NGOs) working on the ground in Iraq, focusing on areas such as education, healthcare, and infrastructure development.
Iraqi governmental organizations, including ministries and economic development agencies, to ensure alignment with national priorities and strategies.
Informed experts and officials, both from Iraq and the international community, who bring deep, nuanced understanding of Iraq’s challenges and opportunities.
International organizations such as the United Nations, World Bank, and International Monetary Fund, which provide global perspectives and resources for Iraq’s development.
Private sector entities, both within Iraq and internationally, that are driving economic growth and innovation.
Cultural institutions preserving and promoting Iraq’s rich historical and artistic heritage.

Through this synergistic effort, we aspire to cultivate a more informed citizenry within Iraq and foster deeper understanding among the global community invested in Iraq’s success. By bringing together diverse voices and expertise, IRAQNOMX seeks to create a holistic, forward-looking narrative for Iraq’s development, bridging local insights with international best practices.

Our Past Projects

Our Partners

All
Iraqi Government
Organizations
US Companies
US Government