Iraq Exports 71 Million Barrels of Crude Oil in Last Month

Iraqi official said on Saturday that Iraq’s oil exports amounted to 71.8 million barrels last month and achieved revenues of $8.4 billion.

“The exported quantities of crude oil for the month of March are the highest since 1989 in terms of export revenue, more than 59.4 million barrels of crude oil worth $6.9 billion exported from the southern fields.” Asim Jihad, spokesman for the Oil Ministry, announced in a press conference.

“But oil exports from the Kirkuk fields have reached 12 million barrels worth $ 1.4 billion, with an average selling price of $117 per barrel,” He added.

“The quantities were uploaded by international oil companies that carry different oil companies from 28 countries, from ports of Basra and Khor al-Amaya on the Persian Gulf and Turkish port of Ceyhan on the Mediterranean.” Asim Jihad explained.

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