Government Efforts to Secure Funds for Purchasing Oil Tankers to Support Exports
Eco

Government Efforts to Secure Funds for Purchasing Oil Tankers to Support Exports

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sumernow
• Oct 03, 2026 • 1 min read

The Ministry of Oil is working in coordination with the government to secure financial allocations to purchase crude tankers for the Iraqi Oil Tankers Company. Oil Minister Basem Mohammed Khudair stated on Saturday that this step aims to develop the national company and enable it to transport crude oil. Khudair added that acquiring oil tankers will actively support export operations, achieve crucial economic feasibility, and significantly maximize the state's total financial revenues.

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