Iraqi Oil Ministry announces June's oil exports and revenues

The Ministry of Oil announced the total oil exports and revenues generated for June, according to the final statistics issued by the State Organization for Marketing of Oil (SOMO).

The Ministry of Oil stated, "The crude oil exports amounted to 101 million 191 thousand and 236 barrels, with revenues of 11 billion and 354 million and 544 thousand dollars.

The statistics indicated that the total exports of June in central and southern oil fields of Iraq amounted to 97 million 980 thousand and 589 barrels, while the Kirkuk exports through the port of Jihan were 2 million and 910 thousand and 887 barrels.

The average price per barrel amounted to 112,209 dollars. Additional revenues were achieved from selling shipments of exported crude oil at a price premium, as the total revenue amounted to 108,822,255.03 million dollars.

The Ministry indicated that the exports were loaded by 36 international companies of different nationalities, from the ports of Basra, Khor al-Amaya, mono-buoys on the Gulf, and the Turkish port of Jihan.



PUKmedia