Iraq to Start Exporting Jet Fuel

Iraq is taking a pivotal step toward economic diversification with the export of jet fuel at a rate of 800 to 1,000 tonnes per day. This strategic move not only enhances the country’s export portfolio but also signifies a shift away from its traditional reliance on crude oil. As the nation invests in modernising its oil refineries and improving energy infrastructure, it is well positioned to meet the increasing global demand for refined petroleum products.

The increased export of jet fuel helps Iraq tap into this rising demand in regional and international markets, diversifying its revenue streams and enhancing economic stability. By moving beyond crude oil exports, Iraq is positioning itself as a vital player in the refined petroleum products market, which could pave the way for greater commercial partnerships with other nations. This development is crucial for boosting national revenues and establishing Iraq’s long-term economic resilience and further integration into global energy markets.

Source: Ministry of Oil