Iraqi Oil sets next March as a date to end cash dealing at gas stations - 1/07/2024

[ronscarpa]

Iraqi Oil sets next March as a date to end cash dealing at gas stations

EconomyPetroleum ProductsElectronic Payment Points

 

2024-01-07 // 02:54

 

Shafaq News / The Petroleum Products Distribution Company affiliated with the Iraqi Ministry of Oil has set, on Sunday, the end of next March as a deadline for cash transactions at government and private fuel filling stations.

 

The company's general manager, Hussein Talib, told Shafaq News Agency, "Electronic payment will be approved at fuel filling stations in the first quarter of this year."

 

He added, "All government and private fuel filling stations will use the electronic payment system to fill fuel, on the first of next April." The Iraqi Ministry of Oil announced on Wednesday, November 22, 2023, that the Petroleum Products Distribution Company will adopt electronic payment systems at all gas stations, starting from the beginning of the year 2024.

 

The Ministry explained in a statement that, based on the directives of the Council of Ministers in its session No. 23620 of 2023, held on 10/31/2023, related to activating the electronic payment service, adopting modern automation systems, and ending cash dealing, and accordingly, and in line with government directives, the Ministry of Oil decided to distribute petroleum products. Adopting electronic payment systems in all stations and suspending cash transactions as of January 1, 2024.”

https://shafaq.com/ar/اقتصـاد/النفط-العراقية-تحدد-ذار-المقبل-موعدا-ل-نها-التعامل-النقدي-في-محطات-الوقود

[screwball]

Hmmmm….no more cash for fuel at service stations? March? 

[gregp]

This will drain the pillow money. 

[screwball]

39 minutes ago, gregp said:

This will drain the pillow money. 

Was thinking the same thing! 

[haymon]

No change for you!!

[Goggles]

Those gas stations are probably already fed up with how much dinar cash they're forced to deal with since January 1st. What a scene! How do you temporarily store and move that much dinar and then drive it to the bank daily to deposit! 

 

Maybe I'm off a little, but isn't that going to be quite the volume of dinar bills?? 

[stanleypower]

Idk how much gas these guys sell but a 25k dinar note is worth about $19. I don’t think it’s the volume you think it is. 

[haymon]

[rvmydinar]

8 hours ago, haymon said:

Just wonder , does the camel just carry the new lower denoms to go to the cbi? hmmm it is pretty creative to use a camel to carry them in a disguise so noone will notice.

[haymon]

May I have a gallon of gas and a coke.

[Half Crazy Runner]

12 hours ago, haymon said:

Dude is on his way to buy a new car 🚗