Minister of Oil: More than (115) billion dollars Achieved for the export of crude oil last year

Baghdad Deputy Prime Minister for Energy Affairs, Oil Minister Hayan Abdul-Ghani announced that the total revenues generated from exporting crude oil for the past year 2022 amounted to more than (115) billion dollars.

He said in a statement by the ministry: The quantities exported of crude oil amounted to more than one billion and (209) million barrels, and the final outcome of the daily oil export rate was approximately (3) million and (320) thousand barrels per day.

He pointed out: The export operations were carried out according to studies of the oil market for companies of various nationalities, including (Chinese, Indian, South Korean, Turkish, Greek, American, British, French, Russian, Italian, Spanish and Dutch) and others, as well as other Arab companies.

Abdul-Ghani praised the efforts of the employees of the Ministry of Oil and its departments for these achieved achievements, which provided the federal budget with sums of money amounting to more than (115) billion dollars.

Source: National Iraqi News Agency