Iraq Ministry of Oil Declares Revenues of last July Amounted to More than $10B

Source: www.gulfoilandgas.com 8/25/2022, Location: Middle East

The Ministry of Oil declared the total exports and revenues of last July, based on the final statistic of Oil Marketing Company (SOMO), where the total crude oil exported quantities were (102) million, (385) thousand, (49) barrels (One hundred two million, three hundred eighty-five thousand, forty-nine barrels) , with a total revenue of (10) billion, (368) million, (352) thousand dollars (Ten billion, three hundred sixty-eight million, three hundred fifty-two thousand dollars).

The statistic showed that the total crude oil exported quantities, in last July, from Iraq southern and middle fields reached (99) million, (965) thousand, (94) barrels, and the exported quantities from Kirkuk fields through the port of Ceyhan reached (2) million, (344) thousand, (536) barrels. The average price per barrel is (101.268) dollars.

The exported quantities were lifted by (35) international companies from different nationalities, through the ports of Basra and Khor Al-Amia, the Single Point Mooring in the Gulf, and the Turkish port of Ceyhan.

The Ministry of Oil took this monthly action as it believes in informing the Iraqi people about the exported crude oil and related revenues.


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