The government-owned corporation also announced the rehabilitation of 100 of its rail tank cars by the company's workers, who also rebuilt many of the company's damaged buildings and equipment, the local al-Sabah newspaper as saying in a report.
Talib al-Husseiny, Head of the IRR said:
- Under a contract signed with the Ministry of Oil, the IRR is currently transporting 1,000 m3 of oil derivatives a day from the Baiji oil refinery in the north of Baghdad to Umm Qasr Port in the southern province of Basra
- The contract will turn the railway company to be one of the profitable companies
- The company has a contract to import 250 new rail tank cars, of which 39 have arrived in Iraq, and some 150 others will arrive in the coming days, while the remaining 61 rail tank cars will arrive later
Currently, Iraqi economy relies heavily on crude oil exports, which represent more than 90 % of the country's revenues.