At $77 A Barrel, Iraq’s Oil Imports Last Month Exceeded $7 Billion And $600,000

Baghdad The Ministry of Oil announced the total oil exports and revenues achieved for the month of last November, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).

The statistics indicated that “the quantity of crude oil exports amounted to (98) million (192) thousand and (317) barrels, with revenues amounting to (7) billion (610) million and (850) thousand dollars.”

It explained: “The total quantities exported of crude oil for the month of last November from oil fields in central and southern Iraq amounted to (95) million (860) thousand and (149) barrels, while the quantities exported of Kirkuk oil through the port of Ceyhan were two million and ( 32) thousand and (685) barrels,” indicating: “The average price of one barrel amounted to (77,510) dollars.”

According to the statistics, the exported quantities were loaded by (30) international companies of different nationalities, from the ports of Basra, Khor Al-Amaya, mono-buoys on the Gulf and the Turkish port of Ceyhan.

Source: National Iraqi News Agency