Skip to main content
Back to the newsroom
CommodityWest Asia

Iraq begins trial operation of a Najaf LPG depot with 3,000 cubic metres of storage

Aug 4, 2026

Iraq began trial operations on Monday 3 August 2026 at a liquefied petroleum gas depot in Najaf province with 3,000 cubic metres of storage capacity, with the stated aim of strengthening strategic reserves and stabilising supplies across central and other provinces.

Oil Ministry Undersecretary for Gas Affairs Izzat Saber Ismail said the depot will receive LPG through pipelines rather than tanker trucks, improving safety and supporting stable deliveries to production and service facilities. The project is part of wider plans to expand Iraq's LPG storage, transport and distribution network, with technical procedures for full operation expected to be completed within days. Anmar Ali Hussein, director general of the State Company for Gas Filling and Services, said the trial was completed successfully under approved technical and operating requirements and that the company is developing additional depots across Iraq.

According to Oil Ministry figures, Iraq produces about 4,500 tonnes of LPG a day against consumption of roughly 4,700 tonnes, while strategic reserves stand at around 50,000 tonnes. Nearly 95,000 vehicles across Iraq were running on LPG by July, up from more than 70,000 in March.

Media

Trial operation of the 3,000 cubic metre Najaf LPG depot began on 3 August 2026

Trial operation of the 3,000 cubic metre Najaf LPG depot began on 3 August 2026

Source: Shafaq News

Source

Shafaq News

Related news

Commodity

Iran's canned food syndicate head says canned fish output will fall 10 to 20 percent this year

Masoud Bakhtiari, head of Iran's canned food industry syndicate, said in remarks published on Tuesday 4 August 2026 that between 300 million and 350 million cans of fish were produced in the country last year, but output is forecast to fall by 10 to 20 percent this year. He pointed to a slump in the market and a sharp fall in household purchasing power as the main causes, saying the government's food voucher scheme only had a positive effect in its first month. War conditions and power cuts to industry have created difficult circumstances, he said, and imports of raw materials have fallen significantly from last year. Bakhtiari added that the Fisheries Organisation allowed some fishing vessels to operate during the closed season for the first time, which partly preserved the domestic fish supply. Producers are caught between rising input costs that force them to raise prices and weaker household purchasing power that turns any price increase into lower sales, he said. He called on the government to take measures to lift the sector out of recession, including increasing the value of the food voucher.

اکوایران · Aug 4, 2026

CommodityNorth America

California diesel rises to 6.92 dollars a gallon from 5.10 dollars before the war as the world runs 8 percent short

According to AAA data reported on Monday 3 August 2026, the average price of a gallon of diesel in the United States is 5.36 dollars, while in California it is 6.92 dollars, up from 5.10 dollars before the Iran war began. The war has now entered its sixth month and petroleum product prices remain elevated. Andy Lipow of Lipow Oil Associates said the combination of the war with Iran and Ukraine's intensified attacks on Russian refining infrastructure leaves the world short about 8 percent of global diesel demand. ExxonMobil chief executive Darren Woods said on Friday 31 July that the refining challenge will be with the world for a while, and that even once the strait reopens the lost Russian capacity remains a factor. Nearly one third of US containership imports and exports move through the San Pedro Bay port complex in California, and goods are hauled by truck and rail paying that state's fuel prices before reaching shelves nationwide. JPMorgan analysts led by Natasha Kaneva wrote in a June note that a meaningful share of America's supply chain pays West Coast fuel prices, which influence freight costs, transport margins and ultimately the delivered cost of goods across the country.

CNBC · Aug 4, 2026

Commodity

CNG use in South Khorasan saved more than 12 million litres of petrol in spring 1405

Mohammadreza Abedani, head of the National Iranian Oil Products Distribution Company in the South Khorasan region, said in a report published by the oil ministry news service Shana on Monday 3 August 2026 (12 Mordad 1405) that more than 12 million cubic metres of CNG were delivered to dual fuel vehicles through the province's filling stations in the first three months of the current Iranian year. He said that level of consumption produced savings of more than 12 million litres of petrol. Abedani described wider CNG use as one of the ways to reduce dependence on petrol, and said raising the fuel's share of the consumption basket lowers petrol use, fuel costs and pollutant emissions. He also said regional specialists carry out periodic inspections of equipment performance, service quality and compliance with safety requirements at filling stations. Iran's petrol shortfall is a live issue in the country's energy economy, and CNG substitution is being pursued as one demand management tool within the national fuel basket. The figures in this report cover South Khorasan province only.

شانا (پایگاه اطلاع‌رسانی وزارت نفت) · Aug 4, 2026

Commodity

Iran's deputy oil minister says airports and power plants have been reconnected to fuel transfer lines

Mohammad Sadegh Azimifar, Iran's deputy oil minister for refining and distribution and managing director of the National Iranian Oil Refining and Distribution Company, reported on progress in rebuilding damaged oil facilities during a site visit on Monday 3 August 2026 (12 Mordad 1405). The report was published by the oil ministry news service Shana, citing the company. He said the most significant work completed includes reconnecting airports and power plants to fuel transfer lines, bringing a pumping station at an oil depot back into service, repairing damaged storage tanks, and measures enabling rail and road loading. He also pointed to work on firefighting, pipeline optimisation and fuel distribution through back up routes. Azimifar noted the challenges still facing the rebuild, called for cooperation from all stakeholders, and said subsidiary companies are pursuing the project around the clock, particularly in view of fuel supply to northern regions during the cold season. The report gives no numerical progress figure and no completion date.

شانا (پایگاه اطلاع‌رسانی وزارت نفت) · Aug 4, 2026