The media office of the Iraqi Prime Minister Muhammad Shi’a Al -Sudani said – in a statement – today, Saturday, that Iraq agreed to provide Lebanon with fuel for a period of 6 months, in a renewal of an agreement aimed at alleviating the sharp shortage of energy there.
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He stressed in the statement, “Iraq’s support for Lebanon’s security and stability, in all its components, besides commitment to contribute to its reconstruction, and also stressed its agreement to grant the Iraqi Ministry of Oil to exceed the supply of Lebanon for a period of 6 months.”
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He stated in the statement that Muhammad Sha’a Al -Sudani held, today, Saturday, telephone talks with the Speaker of the Lebanese House of Representatives, Nabih Berri, who “thanked the Iraqi government for its supportive positions and its sovereignty and the keenness to perpetuate communication with Iraq in various fields.”
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According to the Heavy fuel oil agreement, which is first staggered in July 2021, Iraq is providing the Lebanese government with fuel for services that include health care for Iraqi citizens.
These stations worked for decades with a partial production capacity, but providing electricity deteriorated more during the financial crisis that affected the state’s ability to buy fuel.
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Iraq is the second largest product for crude oil in OPEC, with an average daily production of 4.6 million barrels per day in natural conditions, away from production reduction agreements.
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A few days ago, the country announced plans to increase production to more than 6 million barrels per day by 2029.
