Iraq makes $ 7 billion in revenue from selling oil in a month

Shafaq News / The Ministry of Oil announced on Tuesday the total oil exports and revenues accrued for December 2019.

According to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the exports of crude oil reached (106) million and (265) thousand and (346) barrels, with revenues amounting to (6) billion and (697) million and (622) thousand dollars.

The spokesman of the Oil Ministry, Asim Jihad said that the total quantities exported of crude oil for last December from the oil fields in central and southern Iraq amounted to (103) million and (90) thousand and (550) barrels, with revenues amounting to (6) billion and (499) One million and (447) thousand dollars.

He added that the quantities exported from Kirkuk oil through the port of Ceyhan were (2) million and (827) thousand and (50) barrels, with revenues amounting to (180) million and (431) thousand and (210) dollars, while the quantities exported through Al-Samoud refinery to Jordan (347) thousand and (746) barrels, with revenues amounting to (17) million and (743) thousand and (778) dollars.

Jihad explained that the average price per barrel was (63,027) dollars.

He pointed out that the exported quantities were loaded by (37) international companies of various nationalities, from the ports of Basra, Khor Al-Amaya, and unilateral buoys on the Gulf and the Turkish port of Ceyhan.