Baghdad: The Parliamentary Oil, Gas and Natural Resources Committee held a joint meeting this Monday afternoon with Minister of Oil Hayan Abdul Ghani, officials from the State Oil Marketing Organization (SOMO), and the Iraqi Oil Tankers Company. The meeting aimed to discuss issues related to revenues, the supply of petroleum products, and the annual plans concerning the ministry’s transport sector.
According to National Iraqi News Agency, the discussions focused on evaluating the current status of petroleum product supply and the financial performance of the oil sector. The committee aimed to assess the effectiveness of current strategies and explore potential improvements in the ministry’s transport sector operations. The engagement also addressed the coordination between different departments to ensure the smooth functioning of oil transportation and marketing.
The meeting emphasized the importance of aligning annual plans with the country’s economic objectives and ensuring that the supply chain for petroleum products is robust and efficient. The attendees deliberated on strategies to enhance the revenue-generating capabilities of the oil sector, which plays a crucial role in Iraq’s economy.