Iraq Ministry of Oil Pockets $11.5B in June Oil Revenue

Source: www.gulfoilandgas.com 7/1/2022, Location: Middle East

Based on the initial statistics of the Iraqi Oil Marketing Company (SOMO), the Ministry of Oil has reported the total exports and revenues for the month of June. The total quantity of crude oil exported was (101) million, (191) thousand, (236) barrels, with a total revenue of (11,505) billion dollars.

It has mentioned that the total exported crude oil quantities, in last June, from the oil fields in the south and middle of Iraq reached (97) million, (980) thousand, (589) barrels, while exported quantities from Kirkuk fields through the port of Ceyhan reached (2) million, (910) thousand, (887) barrels.

Exports daily rate reached (3) million, (373) thousand barrels per day with an average price of more than (113, 70) dollars per barrel.

It should be mentioned that the Ministry of Oil took this monthly action as it believes in letting the Iraqi people informed about the exported crude oil and its revenues.


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