Iraq Ministry of Oil Declares Final Statistic of Exported Crude Oil and Revenues in Last June

Source: 7/25/2022, Location: Middle East

The Ministry of Oil declared the total exports and revenues of last June, based on the final statistic of Oil Marketing Company (SOMO), where the total crude oil exported quantities was (101) million, (191) thousand, (236) barrels (One hundred one million, one hundred ninety-one t le thousand, two hundred thirty six barrels) , with a total revenue of (11) billion, (354) million, (544) thousand dollars (Eleven billion, three hundred fifty-four million, five hundred fourth-four thousand dollars).

The statistic showed that the total crude oil exported quantities, in last June, from Iraq southern and middle fields reached (97) million, (980) thousand, (589) barrels, and the exported quantities from Kirkuk fields through the port of Ceyhan reached (2) million, (910) thousand (887) barrels. The average price per barrel is (112.209) dollars.

An additional revenue were generated by selling the crude oil exported quantities with a premium price, where the total revenue was (108,822,255.03) million dollars.

The statistic mentioned that the exported quantities were lifted by (36) 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 letting the Iraqi people informed about the exported crude oil and related revenues.

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