Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Oil: Revenues last September amounted to about nine billion dollars


yota691
 Share

Recommended Posts

Iraq achieves more than 8 billion dollars from selling oil in a month

  • THURSDAY, FEBRUARY 24, 2022, PM 5:19
  •  
  • KARAR AL ASADI
  •  
  • 57
  •  

http://non14.net/public/images/large/8-1645712376.jpg

Ministry of Oil:
▪️ Revenues last January amounted to (8) billion (322) million and (679) thousand dollars
▪️ Exports amounted to (99) million (286) thousand and (78) barrels
▪️ The average price per barrel amounted to (83,825) dollars

  • Upvote 2
Link to comment
Share on other sites

Oh happy days...where’s my money. 19 years of picking your noses, bickering, self indulgent behavior & scratching your butts and still where are you ? Quit pounding your chests on Ch. 7 - that’s over with, keep moving forward.

 

Thats right...after 19 years, I still have nothing but contempt & mistrust. Talk is cheap, positive Actions is Whats required. 
 

Damn right I’m Grumpy 

Edited by horsesoldier
  • Like 1
  • Haha 4
  • Upvote 3
  • Pow! 2
Link to comment
Share on other sites

 
 2022-02-24 09:50
 

 

Shafaq News/ The Iraqi Ministry of Oil announced, on Thursday, the financial revenues of oil exports for the month of last January, which exceeded (8) billion dollars.

The ministry stated, in a statement received by Shafaq News Agency, that "the total quantities and revenues achieved for crude oil exports for the period from January 2021 until the end of January 2022 amounted to (83) billion (973) million and (290) thousand dollars."

She added that "the total oil exports for the month of January of crude oil amounted to (99) million (286) thousand (78) barrels, and revenues amounted to (8) billion (322) million and (679) thousand dollars," pointing out that The average price per barrel reached (83,825) dollars.

The ministry indicated in its statistics that "the total quantities exported of crude oil for the month of January from the oil fields in central and southern Iraq, amounted to (96) million and (430) thousand and (596) barrels, while the quantities exported from Kirkuk oil through the port Ceyhan two million and (545) thousand and (656) barrels.

And it indicated that "the exported quantities were loaded by (29) international companies of different nationalities, from the ports of Basra, Khor Al-Amaya, the mono-buoys on the Gulf and the Turkish port of Ceyhan.

  • Thanks 2
Link to comment
Share on other sites

  • Time : 02/24/2022 17:16:23
  •  
  • Reading: 1,521 times
Iraq announces the outcome of oil revenues and exports for January
  
{Economic: Al Furat News} The Ministry of Oil announced the total quantities and revenues generated for crude oil exports for the period from January 2021 until the end of January 2022, reaching (83) billion and (973) million and (290) thousand dollars.

While the ministry confirmed, according to a statement that {Euphrates News} received a copy of it, that “the total oil exports and revenues achieved for the month of last January amounted to (99) million and (286) thousand and (78) barrels, with revenues amounting to ( 😎 billions and (322) million and (679) thousand dollars, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO). 

The statistics indicated that "the total quantities exported of crude oil for the month of January from oil fields in central and southern Iraq amounted to (96) million (430) thousand and (596) barrels, while the quantities exported of Kirkuk oil through the port of Ceyhan (2). One million (545) thousand and (656) barrels
, and the average price per barrel amounted to (83,825) dollars.

He pointed out that "the exported quantities were loaded by (29) international companies of different nationalities, from the ports of Basra, Khor Al-Amaya, the mono-buoys on the Gulf and the Turkish port of Ceyhan.

  • Thanks 2
Link to comment
Share on other sites

  • Time: 01/03/2022 12:40:32
  •  
  • Reading: 806 times
Oil: February revenues exceeded $8.5 billion
  
{Economic: Al Furat News} The Ministry of Oil announced the total exports and revenues generated for the month of February, according to the preliminary statistics issued by the Iraqi Oil Marketing Company {SOMO}.

A statement by the ministry said, "The total amount of crude oil exports reached 92,790,173 barrels, with revenues amounting to 8.54 billion dollars."

The statistics indicated that "the total quantities of crude oil exported for the month of February from oil fields in central and southern Iraq amounted to 91 million and 314 thousand and 828 barrels, while from the Kirkuk fields through Ceyhan port, the exported quantities amounted to one million and 475 thousand and 345 barrels."

And oil pointed out that "the average daily quantities amounted to 3 million and 314 thousand barrels per day," noting that "the average price per barrel amounted to more than {92,083} dollars."

It is noteworthy that the Ministry of Oil, through its belief in informing the people of the export operations and the revenues generated from it, took this monthly measure.

  • Thanks 1
  • Upvote 1
Link to comment
Share on other sites

 
 2022-03-01 05:29
 

Shafaq News/ The Ministry of Oil announced on Tuesday, the total exports and revenues achieved for the month of February, according to the preliminary statistics issued by the Iraqi Oil Marketing Company "SOMO".

The ministry said in a statement received by Shafak News Agency; The total amount of crude oil exports for the month of February amounted to (92) million (790) thousand (173) barrels, with revenues amounting to (8.54) billion dollars.

The statistic added; The total quantities of crude oil exported for the month of February from oil fields in central and southern Iraq amounted to (91) million (314) thousand and (828) barrels. (475) thousand and (345) barrels.

She noted that "the average daily volume amounted to (3) million and (314) thousand barrels per day," noting that "the average price of one barrel amounted to more than (92,083) dollars."

  • Thanks 2
  • Upvote 1
Link to comment
Share on other sites

 
 2022-03-04 08:43
 

Shafaq News/ The Iraqi Oil Marketing Company "SOMO" announced on Friday that the rate of oil exports and revenues last February was the highest in two years.

The company said in a statement today received by Shafaq News Agency, that Iraq achieved the highest export rate during the month of February last two years, at a rate of 3.314 million barrels per day, with an increase of 112,000 barrels per day over last month.

The company added that Iraq also achieved "the highest financial revenues since 2014 at an amount of 8.54 billion dollars through the Oil Marketing Company (SOMO) exporting all available quantity for export of Basra and Kirkuk crude oil.

The statement added that it is hoped that the revenues of the current month of March will be higher than last February, based on the current market data.

  • Thanks 1
  • Upvote 1
Link to comment
Share on other sites

 
 2022-03-05 02:34
 

Shafaq News/ The Iraqi Ministry of Oil announced on Saturday that the rate of daily exports and revenues generated from the export of crude oil for the month of February 2022 is the highest in eight years.

Oil Minister Ihsan Abdul-Jabbar Ismail said in a statement received by Shafak News Agency; Despite the economic and security challenges, the fluctuation of global oil markets and the restriction of national production within the (OPEC Plus) agreement, it managed to achieve a daily export rate of about (3.314) million barrels, with financial revenues of more than (8.5) billion dollars, which is the highest in eight years ".

Ismail indicated that "this came as a result of direct government and political support for the efforts of workers in the oil sector," stressing "to move forward to achieve the ministry's plans to reshape the future of the energy sector in Iraq."

SOMO had confirmed yesterday, Friday, that Iraq achieved the highest export rate during the month of February last two years at a rate of 3.314 million barrels per day, an increase of 112,000 barrels per day over last month and the highest financial revenue since 2014.

  • Thanks 2
  • Upvote 1
Link to comment
Share on other sites

Economist: The rise in oil is an emergency and the government must establish a sovereign fund
  
{Economist: Al Furat News} The economic expert, Salah Nouri, called on the government to establish the sovereign fund and invest the proceeds of the rise in crude oil prices in global markets.

Nuri told {Euphrates News}: "We expect that the government should take advantage of the oil price differences by placing it in a sovereign fund that is never manipulated, and in support of the poor and the poor, as well as allocating funds to the Ministry of Commerce to provide the ration card items and tighten work." Contract Supervisor.

He added, "We prefer that the oil prices in the budget for 2022 do not exceed $75 per barrel, and that it be a precaution, because this rise is urgent, and it must be used in this way."

The National Oil Marketing Company (SOMO), affiliated to the Federal Ministry of Oil, announced last Friday that it had achieved the highest export and revenue rate in the month of February in two years, at a rate of 3.314 million barrels per day, an increase of 112,000 barrels per day from last month, and the highest financial revenue since 2014. An amount of 8.54 billion dollars through the oil marketing company (SOMO) to export all the quantity available for export of Basra and Kirkuk crude oil.

Somo expected that the revenues of the current month of March will be higher than last February, based on the current market data.

Raghad Daham

  • Upvote 4
Link to comment
Share on other sites

  • 3 weeks later...

Iraq's oil revenues amounted to about 9 billion dollars last month

Economie

07:29 - 03-26-22

 

72632022_IMG_%D9%A2%D9%A6%D9%A0%D9%A3%D9


The Iraqi Oil Marketing Company "SOMO" announced the total oil exports and revenues generated for the month of February.

The company said in a statement, "The amount of crude oil exports is 92 million, 790 thousand and 173 barrels, with revenues of 8 billion and 809 million and 162 thousand US dollars."

And she added, "The total quantities of crude oil exported for the month of February from oil fields in central and southern Iraq amounted to 91 million and 314 thousand and 828 barrels, while the quantities exported from Kirkuk oil through Ceyhan port were 1 million and 475 thousand and 345 barrels, indicating that the average price per barrel It amounted to (94,936) dollars.”

The statement indicated that "the exported quantities were loaded by (34) international companies of different nationalities, from the ports of Basra, Khor al-Amaya, mono-buoys on the Gulf and the Turkish port of Ceyhan." 

  • Upvote 4
Link to comment
Share on other sites

All that oil and all that money, your citizens live in poverty because of its corrupt leaders. 
The only thing that gets the attention of the corrupt is burning and rioting in the streets. It’s always been a shame that the citizens never had a real organized speaker when they were protesting. 
What needs to happen next weekend if they don’t elect a president and PM this Wednesday is a million man march and shut down the city. Then move onto the airport, then move onto the ports. 
At some point you would think even the dumbest Iraqi would say if I’m gonna starve the corrupt politicians gonna starve too…

  • Upvote 3
  • Pow! 1
Link to comment
Share on other sites

A barrel is about $95

Oil announces a statistic of last February's revenues

2022.03.27 - 11:12
Oil announces a statistic of last February's revenues
 

Baghdad - people   

The Ministry of Oil announced, on Sunday, the total oil exports and revenues achieved in the month of February.  

 

  

  

And the ministry stated in a statement received by "NAS" (March 27, 2022), that "the total quantities and revenues generated for crude oil exports for the month of February, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the amount of crude oil exports, including 92 million and 790 One thousand and 173 barrels, with revenues of 8 billion and 809 million and 162 thousand dollars.   

  

The statistics indicated that "the total quantities of crude oil exported for the month of February from oil fields in central and southern Iraq amounted to 91 million and 314 thousand and 828 barrels, while the quantities exported of Kirkuk oil through Ceyhan port were one million and 475 thousand and 345 barrels."   

  

She pointed out that "the average price per barrel amounted to 94,936 dollars."   

  

It also indicated that "the exported quantities were loaded by (34) international companies of different nationalities, from the ports of Basra, Khor Al-Amaya, mono-buoys on the Gulf and the Turkish port of Ceyhan."   

  • Thanks 1
Link to comment
Share on other sites

  • Time: 03/27/2022 13:11:24
  •  
  • Reading: 1,001 times
In numbers.. the final statistics of Iraq's oil exports and imports last month
  
{Economic: Al Furat News} The Ministry of Oil announced, on Sunday, the final statistics for exports and revenues for the month of February.

And the ministry’s media office said in a statement that it received {Al-Furat News}, “According to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the total amount of crude oil exports amounted to (92) million (790) thousand and (173) barrels, with revenues of (8) billion and (809) million and (162) thousand dollars. 

The statistics indicated that "the total quantities exported of crude oil for the month of February from oil fields in central and southern Iraq amounted to (91) million (314) thousand and (828) barrels, while the quantities exported of Kirkuk oil through the port of Ceyhan (1) One million (475) thousand (345) barrels.

The statement added that "the average price per barrel amounted to (94,936) dollars." 

He pointed out that "the exported quantities were loaded by (34) international companies of different nationalities, from the ports of Basra, Khor Al-Amaya, the mono-buoys on the Gulf and the Turkish port of Ceyhan."

  • Thanks 1
Link to comment
Share on other sites

ERBIL, Kurdistan Region - The UK and the Iraq Economic Contact Group (IECG) on Monday urged the Iraqi government to use increased revenue from oil exports to combat soaring global food prices, and to enact economic reforms to strengthen the agricultural sector and food security in the country.

In a statement posted by the UK embassy to Iraq, the IECG issued recommendations for the Iraqi government to tackle the growing food prices caused by the Russian invasion of Ukraine and to mitigate the impact this will have on food security in Iraq by using higher oil revenue. This way, Iraq can ensure the protection of its most vulnerable communities and its agricultural sector, according to the statement. 

The IECG was launched by the G7, European Union, and the World Bank in 2020 to support the government in implementing much-needed economic reforms. 

The group pledged to continue supporting economic reforms, social programs, and the agricultural sector in order to protect the most vulnerable groups in Iraqi society. It added that the reforms would assist the people by “strengthening food security in Iraq and increasing employment opportunities.”

Prices of flour and cooking oils have skyrocketed in local Iraqi markets, sparking large demonstrations in the southern city of Nasiriyah earlier this month. Iraqi officials blamed the conflict in Ukraine for the sudden price increase, AFP reported.

The Iraqi government recently announced a series of measures aimed at confronting the global price increase, as well as suspending custom duties on food products. 

The Iraqi government also announced a package in early March, providing 100,000 dinars ($68) to public servants on low income. 

The Iraqi government is dependent on oil revenues to cover its costs and pay the salaries of civil servants. Despite suffering in much of 2021 due to record low oil prices, the country’s economy is once again booming as oil prices are increasing globally.

Global oil prices have been on the rise since the war in Ukraine began on February 24, and the US has also repeatedly urged OPEC members to increase oil production in order to stabilize the market. Iraq is also part of the agreement on production levels. 

Russia’s invasion of Ukraine has led to a significant increase in food prices in Iraq and the Kurdistan Region, including a spike in the price of wheat and cooking oil.

Russia is the world’s top wheat exporter and Ukraine is known to be the breadbasket of Europe, with Middle Eastern states heavily reliant on Ukrainian agricultural products.

The price of fuel has also dramatically increased in the Kurdistan Region with many drivers waiting for hours in queues to buy cheaper benzene provided by the Iraqi government. 

  • Thanks 2
  • Upvote 1
Link to comment
Share on other sites

Oil: Revenues Last Month Amounted To 11 Billion Dollars

 
%D8%A7%D9%84%D9%86%D9%81%D8%B7-2-750x430

Information/Baghdad...

Today, Friday, the Ministry of Oil announced the total exports and revenues achieved for the month of March, according to the preliminary statistics issued by the Iraqi Oil Marketing Company “SOMO”.


. The ministry said in a statement received by the “Information” agency, that “the total amount of exports of crude oil amounted to (100) million and (563) thousand and (999) barrels, with revenues amounting to ( $11.07 billion, which is the highest financial revenue achieved since 1972.
She added, “The total quantities of crude oil exported for the month of March from the oil fields in central and southern Iraq amounted to (99) million (115) thousand and (64) barrels. As for the Kirkuk fields through Ceyhan port, the exported quantities amounted to one million and 448 thousand and (935) barrels.
She indicated that "the average daily quantities amounted to (3) million and (244) thousand barrels per day, and that the average price of one barrel amounted to more than (110,090) dollars." End/25

Link to comment
Share on other sites

Oil: Revenues last month amounted to 11 billion dollars

upload_1648833800_286831347.jpg
 
  •  Yesterday, 20:17
 

Today, Friday, the Ministry of Oil announced the total exports and revenues generated for the month of last March, according to the preliminary statistics issued by the Iraqi 
Oil Marketing Company "SOMO". 
The ministry said in a statement received by the Iraqi News Agency (INA), that "the total amount of crude oil exports amounted to (100) million and (563) thousand and (999) barrels, with revenues of (11.07) billion dollars, which is the highest financial revenue achieved. Since 1972
, she added, "The total quantities exported of crude oil for the month of March from the oil fields in central and southern Iraq amounted to (99) million (115) thousand and (64) barrels, while from the Kirkuk fields through the port of Ceyhan, the quantities reached Exporting one million (448) thousand and (935) barrels.”
She pointed out that "the average daily quantities amounted to (3) million and (244) thousand barrels per day, and that the average price per barrel amounted to more than (110,090) dollars."
It is noteworthy that the ministry, through its belief in informing the people of the export operations and the revenues generated from it, took this monthly measure.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.