Iraq Expands Port Infrastructure To Raise Fuel Trade    ...Middle East

Iraq plans to complete this year the construction of a new oil pier in its key fuel export and import facility in order to raise trade in refined oil products and boost government revenues, Iraqi officials told The Associated Press on Friday. Iraq, OPEC’s second-largest crude oil producer after Saudi Arabia, is one of the most oil-dependent economies, even by OPEC standards, and has seen its budget revenues plummet after last year prices crashed.    The country also looks to crack down on corruption and smuggling at the borders…

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