Baghdad: Prime Minister Ali Faleh Al-Zaidi chaired the fourth regular session of the Ministerial Council for Energy for 2026, with the attendance of the Council’s members. The meeting focused on strategies for enhancing the oil sector’s efficiency and management.

According to Iraqi News Agency, during the session, the Council reviewed a comprehensive financial study on the inputs and outputs of the petroleum products refining and distribution sectors. This study, prepared by the Economic Department at the Ministry of Oil, included indicators and assessments aimed at improving the sector’s overall performance.

The Media Office of the Prime Minister stated that the Prime Minister directed the preparation of advanced models for developing the oil sector. These models are to be based on international best practices, with the objective of enhancing production, refining, and distribution processes. The ultimate goal is to maximize revenues and increase the efficiency of resource investment, aligning with the government’s vision for advancing the energy sector and bolstering its contribution to the national economy.