Fox Refinery: The gasoline crisis is regional and will end in Sulaymaniyah within two months.
Sardar Haji Khalid, owner of the Fox refinery for oil derivatives, confirmed on Monday that the current gasoline crisis is not limited to the Kurdistan Region, but extends to most countries in the region, expecting the price hike crisis in Sulaymaniyah Governorate to end within two months. News
Khaled said during a press conference attended by Shafaq News Agency that “the current crisis is global in nature and has affected all countries in the region, as they too are suffering from a shortage of gasoline.”
He added that “gasoline was previously smuggled to the cities of Erbil and Sulaymaniyah from Iraqi regions, but that has now stopped, which has led to higher prices.”
He pointed out that “the daily need for gasoline during the summer is about seven million liters, while only three million liters are currently available, which calls for taking urgent measures to address the shortage.”
He continued: “I bring good news to the citizens of Sulaymaniyah that the crisis of high gasoline prices in the city will end within the next two months.”
For his part, Bahman Abdul Qadir, spokesman for the owners of gas stations in Sulaymaniyah, said during the press conference attended by Shafaq News Agency that “the decrease in gasoline prices remains dependent on the improvement of the general conditions in the region,” calling on citizens not to expect a decrease in prices before those conditions stabilize.
The “Fuchs” refinery is an oil facility located in the Arabat area of Sulaymaniyah, operating with a production capacity of 6,500 barrels per day to produce gasoline, liquefied gas and benzene.
The gasoline crisis in the Kurdistan region is worsening, as most gas stations experienced shortages or a lack of fuel last week, causing long queues of vehicles in front of the stations that continued to operate on a limited basis, despite recent government decisions to reduce prices.
Before the shortage worsened, the price of a liter of “super” gasoline at commercial stations reached about 2,000 dinars, and the price of “improved” reached about 1,750 dinars, while the price of regular “normal” gasoline exceeded 1,300 dinars, before these types disappeared from a large number of stations.
The acting Minister of Natural Resources in the Kurdistan Regional Government, Kamal Muhammad, confirms that the rise in gasoline prices in the region is mainly due to the inadequacy of the allocated quantities of fuel, and he indicated that the federal government is currently supplying the region with only fifty thousand barrels per day, which is an amount that does not meet the actual need.
Shafaq.com