Middle East Economic Survey
Iraq Imports 60% of Gasoline Needs
Oil Minister Thamir al-Ghadhban told the Baghdad-daily al-Nahdha that Iraq currently consumes 20mn liters/day of gasoline, importing 12mn liters/day and processing 8mn liters/day. Prior to the war, gasoline consumption was 15mn liters/day while production capacity was 16mn liters/day. The rise of gasoline consumption is attributed to the hundreds of thousands of vehicles that have been...