BAGHDAD, Iraq, Sept 2 (NNN-NINA) – Iraqi Oil Ministry said, it exported more than 111 million barrels of crude oil in Aug, bringing in revenue of over six billion usd.
“Iraq’s total exports of crude oil in Aug reached about 111.7 million barrels, at an average of 3.60 million barrels per day, with revenue of 6.34 billion dollars for Aug,” a ministry statement said.
The average selling price was 56.77 dollars per barrel.
Iraq exported 107.52 million barrels from the country’s central and southern oil fields, 3.25 million barrels from the northern province of Kirkuk, and 928,963 barrels from the northern province of Nineveh.
The Statement said that Iraq also exported 3,479 barrels of crude oil to neighbouring Jordan, during Aug, with an average of 112 barrels per day.
Iraq’s economy heavily relies on exports of crude oil, which account for more than 90 percent of the country’s revenues.– NNN-NINA
