Friday, February 2, 2024

Iraq achieves more than $8 billion in financial revenues from selling oil for the month of January, 2 FEB

   Iraq achieves more than $8 billion in financial revenues from selling oil for the month of January

The Ministry of Oil announced, on Friday, the total exports and revenues achieved last January from the sale of crude oil, which exceeded 8 billion dollars.

The ministry stated in a statement today, “According to preliminary statistics issued by the Iraqi Oil Marketing Company “SOMO,” the total amount of crude oil exports reached (103) million (508) thousand (438) barrels, with revenues amounting to (8) billion and ( 25) million and (616) thousand dollars.

The statistics indicated that the total quantities of crude oil exported for the month of January from the oil fields in central and southern Iraq amounted to (102) million and (25) thousand barrels, while the quantities exported to Jordan amounted to (464) thousand and (306) barrels. While exports from Qayyarah were one million (19) thousand and (132) barrels, according to a statement from the Ministry of Oil.

The ministry said that the average daily quantities exported amounted to (3) million (338) thousand (982) barrels per day.

The ministry continued in its statement by saying: The average price of one barrel reached $77,536.   link

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