Iraq's Ministry of Oil Denounces Inaccurate Information on Black Oil Exports

Strategic Insights -

The Ministry of Oil in Iraq has issued a statement confirming that all black oil marketing and export operations are subject to a precise and comprehensive regulatory system, under the direct supervision of the Oil Marketing Company. The statement comes in response to circulating inaccurate information related to export operations, which the ministry has deemed as "unsubstantiated allegations that lack any professional or regulatory basis." The ministry emphasized that all oil exports are conducted in accordance with officially announced contracts and in coordination with the country's highest regulatory bodies, including the Financial Supervision Bureau, the Integrity Commission, the General Authority of Customs, and security agencies.

Key Takeaways:

  • The Ministry of Oil has confirmed that all black oil marketing and export operations are governed by a strict regulatory system, under the supervision of the Oil Marketing Company.
  • The ministry has expressed surprise and concern over the circulation of inaccurate information related to export operations, characterizing it as "unsubstantiated allegations" with no basis in reality.
  • Each tanker is tracked via maritime tracking systems, with data electronically documented 24/7, eliminating any possibility of breach or ambiguity in the export process.
  • The ministry has reiterated its commitment to transparency and accountability, welcoming any evidence-based information and urging media outlets to exercise accuracy and objectivity in reporting on sensitive national and economic security matters.
  • The ministry has threatened to take legal action against individuals and entities promoting false allegations, deeming them an act of incitement and harm to national economic security.

Statistics:

  • The ministry has confirmed that all oil marketing and export operations are subject to a precise and comprehensive regulatory system.
  • The Oil Marketing Company is directly responsible for supervising all export operations.
  • The ministry has emphasized that every shipment is subject to field and electronic monitoring from the moment of allocation until it departs the port.
  • Iraqi ports operate under a strict regulatory system without permitting the passage of any shipment without official, documented approvals from relevant authorities.
  • The ministry has emphasized that data is electronically documented 24/7, leaving no room for ambiguity or breach in the export process.

Sources:

  • National Iraqi News Agency (8/25/2025)
  • Ministry of Oil press statement (8/25/2025)