NEARLY TEN BILLION DOLLARS IN IRAQI OIL REVENUES LAST MONTH
The Iraqi Ministry of Oil announced, on Wednesday, the preliminary statistics of the quantities of crude oil exported and the revenues achieved for the month of last October.
The Ministry stated in a statement received by Shafaq News Agency that, according to preliminary statistics issued by the Iraqi Oil Marketing Company “SOMO”, the total amount of crude oil exports reached 109 million and 545 thousand and 589 barrels, with revenues amounting to 9.669 billion dollars.
It showed that the total quantities exported from the oil fields in central and southern Iraq amounted to 108 million and 50 thousand and 360 barrels, while the quantities exported to Jordan amounted to 464 thousand and 728 barrels, while exports from the Qayyarah field in Nineveh were 1 million and 30 thousand and 501 barrels.
The ministry explained that the average daily quantities exported amounted to three million and 533 thousand barrels per day, with an average price per barrel of $88.26.
(Yes, and still the dinar is at 1/6 of a penny. How outrageous is this that they still continue to manipulate the dollar in Iraq. We will see what happens in January when the CBI has reported they plan to cut off all dollars for imports. The dollars will dry up. So get ready Iraq…)
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