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Iraq’s oil imports exceed 10 billion dollars in one month

Today, Monday, the Iraqi Ministry of Oil announced the total exports and revenues generated for the month of July, according to the preliminary statistics issued by the Iraqi Oil Marketing Company “SOMO”.
The ministry said in a statement, “The amount of crude exports amounted to 102 million and 385 thousand and 49 barrels, with revenues amounting to 10.608 billion dollars.”
The ministry explained: “The quantities exported of crude oil for the month of July from oil fields in central and southern Iraq amounted to 99 million and 965 thousand and 94 barrels, while from the Kirkuk fields through Ceyhan port, the exported quantities amounted to 2,344 thousand and 536 barrels.”
The ministry added: “The average daily quantities amounted to 3 million and 303 thousand barrels per day, and the average price per barrel amounted to more than 103.60 dollars.”

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