Monday, March 8

Ministry of Oil announces the increase of exports and revenues for the month of July

BAGHDAD, The Ministry of Oil announced the increase in oil exports and revenues for the month of July compared to June, according to preliminary statistics from the Iraqi Oil Marketing Company (SOMO).

The Spokesman for the Ministry of Oil Assem Jihad said in a press statement that the total quantities exported of crude oil for the month of July from the oil fields in central and southern Iraq amounted to 109 million and 847 thousand and 268 barrels, and the revenues amounted to 7 billion and 597 million and 348 thousand dollars, while did not register the statistical of any oil exports from the fields of Kirkuk, "noting that" the average price per barrel was 69,163 dollars per barrel. "

He added that "the daily rate of exports amounted to 3,543 million barrels per day, and the quantities exported were loaded from the ports of Basra and Amaya and loading platforms in the south of the country by international companies of different nationalities."

Source: National Iraqi News Agency