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Iraq moves to secure fuel supplies ahead summer

Shafaq News 2026/06/14 02:22

Shafaq News- Baghdad

The Iraqi government reviewed electricity supply challengesand approved measures aimed at securing fuel for generators and publicinstitutions during the summer season, the prime minister’s office stated onSaturday.

The Council also renewed the Basra Gas Company's development agreement, allowing the settlementof the firm’s dues through an in-kind payment mechanism, and amended ResolutionNo. 119 of 2026 to enable the Ministry of Oil to continue supplying fuel,lubricants, and diesel to ministries and government entities, particularlyservice entities, on a deferred-payment basis.

According to the PM’s office, the cabinet endorsedmeasures regulating wheat imports and authorized the Finance Ministry tocomplete procedures for Iraq's accession to the Arab Coalition for Reform andGovernance of State-Owned Enterprises in coordination with the World Bank.

Read full story at source (Shafaq News)