Sunday, July 09, 2006

Iraq vows to end shortage of petroleum products

BAGHDAD –– The Iraqi government on Sunday announced it would soon end a massive shortage of petroleum products by distributing nearly 40 million liters of such items over the next few days.

Iraq's Oil Minister Hussein Shahristani said the crisis would be tackled as "40 million liters of petroleum products have been unloaded in the southern ports during last three days." "These will be transported to Baghdad by the beginning of the next week."

The current shortage of fuel products has seen long queues of people in front of gas stations, especially of those wanting to buy gasoline to operate generators given the acute shortage of electricity in the capital.

Shahristani said a move by Turkish authorities to close border crossings in the north for military reasons was behind the fuel product shortages.

He said there had also been a disruption in deliveries from Kuwait because of maintenance work in the refineries there. Shahristani said the problem was further compounded as the electricity shortage in Iraq negatively affected operations at local refineries as well.

"The daily needs of gasoline reached 22 million liters, while production is at 10 million liters," he said, adding that the 12-million-liter shortfall was met by imports. –– AFP

Times of Oman

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