Baghdad:The Ministry of Oil has announced its intentions to expand and modernize Iraq’s tanker fleet, which currently consists of six medium-sized and small vessels. The ministry is planning to acquire large tankers and is also seeking to establish partnerships with specialized maritime transport companies.

According to Iraqi News Agency, the ministry’s spokesperson, Salim Al-Rikabi, confirmed these developments, stating that the expansion plan includes purchasing large tankers and forming agreements with reputable firms in the maritime transport sector.

Al-Rikabi further explained that the strategy involves renting tankers from other companies to store crude oil or transport it beyond the Strait, indicating a comprehensive approach to improving Iraq’s oil transportation capabilities.