Oil: Revenues last September amounted to about nine billion dollars

[WheresmyRV?]

Why give the people their share of the oil profits when the corrupt evil GOI members can continually keep on stealing all this money.  No wonder why they dont want to pass the HCL, let alone raise their exchange rate. 

[yota691]

As a result of the fuel oil price subsidy

Oil: The state budget incurs losses estimated at five thousand billion dinars per day

2022.04.04 - 17:30

 

Baghdad - people  

The Ministry of Oil revealed, on Monday, the size of the state's daily losses as a result of government support for fuel oil prices.   

  

  

And the Oil Products Distribution Company, one of the formations of the Ministry of Oil, stated, in a statement that “Nass” received a copy of it, (April 4, 2022), that “financial losses incurred by the state budget amount to five thousand billion dinars annually due to the failure to export all the produced quantities of fuel oil (black oil). ) or selling it according to the prices of the international bulletin, as well as allocating a part of it to equip merchants and factory owners at a subsidized price.”  

The statement added, "The current price of a ton of fuel oil (black oil) according to the global bulletin is (900 thousand dinars), while the Oil Products Distribution Company is preparing black oil for local factories and factories producing oxidized asphalt at a price of (300 thousand dinars) per ton, and for owners of Brick factories at a price of (100 thousand dinars) per ton.  

[yota691]

The Minister of Oil reveals that there are efforts to maximize revenues in the fastest way

 2022/04/07

 

 22

 

 

Baghdad / Al-Mawrid News

Today, Thursday, Oil Minister Ihsan Abdul-Jabbar revealed that there are efforts to maximize oil revenues, while noting that there is parliamentary support to enhance Iraq's ability to export the largest amount .

Abdul-Jabbar told the official news agency, "The ministry has the possibility to secure crude oil exports at a rate of more than 3 million and 300 thousand barrels from the southern outlets ."

He explained, "The expected financial returns according to the scenarios presented by international energy agencies and researchers will be in excess of what was approved of the price of a barrel in the budget," expressing his hope "in the ability to provide revenues in the appropriate amounts in order to meet the necessary need in the field of supporting the poor classes." And the Ministry of Electricity and the fulfillment of its entitlements to its employees, as well as imported fuel and electricity .”

He pointed out, "The ministry's endeavor to maximize revenues in the fastest way in a manner that maintains the stability of the energy market and Iraq's share in the global market," noting that "the Chairman of the Finance Committee Hassan Al-Kaabi and a number of deputies are supportive of these data in order to enhance Iraq's ability to export the largest amount of oil and strengthen its position." the real energy market .

Abdul-Jabbar expressed his optimism about the continuation of the rates of increase in oil prices by the end of this year .

 

 

[yota691]

Oil Minister: We seek to maximize oil revenues in the fastest way

 

energy Economy News - Baghdad On Thursday, Oil Minister Ihsan Abdul-Jabbar confirmed that there are efforts to maximize oil revenues. Abdul-Jabbar said in a statement to the official news agency, "The ministry has the possibility of securing crude oil exports at a rate of more than 3 million and 300 thousand barrels from the southern outlets." He explained, "The expected financial returns according to the scenarios presented by international energy agencies and researchers will be in excess of what was approved of the price of a barrel in the budget," expressing his hope "in the ability to provide revenues in the appropriate amounts in order to meet the necessary need in the field of supporting the poor classes." And the Ministry of Electricity and the fulfillment of its entitlements to its employees, as well as imported fuel and electricity.” He pointed out, "The ministry's endeavor to maximize revenues in the fastest way in a manner that maintains the stability of the energy market and Iraq's share in the global market," noting that "the Chairman of the Finance Committee Hassan Al-Kaabi and a number of deputies are supportive of these data in order to enhance Iraq's ability to export the largest amount of oil and strengthen its position." real energy market. Abdul-Jabbar expressed his optimism about the continuation of the rates of increase in oil prices by the end of this year.

Views 36   Date added 07/04/2022

[6ly410]

SULAIMANI — The Iraqi Minister of Oil, Ihsan Abdul-Jabbar, said on Friday (April 😎 the ministry has the capability to export more than 3 million 300,000 barrels of oil per day from ports in Basra, state media reported. 

Abdul-Jabbar predicted the increase in revenue would bring above what was approved in the Iraqi parliament’s draft budget plan for 2022 and said he was optimistic that the price of oil would continue to increase in 2022, Iraqi news Agency (INA) said.

The oil minister said the extra revenue could be allocated to assist citizens in poverty and to provide for the electricity sector’s budget. 

He stated the Iraqi parliament’s finance committee was supportive of the data on Iraq’s oil exports, adding the ministry was making efforts to increase exports as soon as possible and maintain stability in global energy markets. 

The finance committee in the Iraqi parliament said on Wednesday the price of oil was set at $75 per barrel in the draft of the federal budget law for 2022. 

The Iraqi oil ministry said last week it exported more than 100 million barrels of oil at above $11 billion in March, the highest level since 1972. 

(NRT Digital Media)

[yota691]

Efforts to increase the export capacity of ports

Thursday 14 April 2022 89

 

 Morning: Nafeh Al-Naji

 Photography: Khudair Al-Atabi

 

Iraq is racing against time to invest in the current oil boom, by expanding and developing its export facilities overlooking the waters of the Arabian Gulf within the Basra Governorate, especially its oil ports through which the majority of Iraqi oil is exported, in conjunction with the rise in global oil prices.

The government is working on implementing new projects, which specialists say will increase the flexibility and efficiency of performance, which will increase the country's export capacity, and the Ministry of Oil confirms its adoption of new plans in conjunction with global market changes and the rise in oil 

crude to record levels. 

Parliament member Ali Al-Faris clarified 

He told (Al-Sabah), that "we have sea ports and platforms that carry out export operations as well as oil ports such as the port of Basra and the port of Al-Amaya," adding, "there are projects to extend pipelines from the Faw oil depot to the oil ports and to the export platforms located there," pointing to the imminent completion of the project. The third, fourth and fifth tubes.

For its part, the Iraqi Ports Company is working to improve the design depths of the northern and southern Umm Qasr port to be able to receive ships and large tankers and increase the port's capacity to accommodate the expected rises in oil exports within the next few months.

Anmar Al-Safi, the company's official spokesman, said, "The navigation channels and berth interfaces have been rehabilitated for these ports, including the northern and southern Umm Qasr ports, as well as Khor Al-Zubair." Before the Iraqi Naval Department.” Al-Safi continued, “We have the spiritual platforms for the export of oil, and these terms are very important, and they carry out more than 90% of the business of oil exports.

for an Iraqi.

The Iraqi Ports Company is also working on developing two berths at Khor Al Zubair Port, which has been completely converted into an oil port, with the aim of launching work in it at full capacity and its 16 berths. 

Iraq owns four commercial ports overlooking the Arabian Gulf, as well as three oil ports, as well as the large Al-Faw port, which it is hoped will enter service early next year.

The Ports Company had studied a plan to control the entry features of Arab and foreign workers in it, after the Planning and Follow-up Department met with the Information Technology Department and the Passports Division in the company to develop that plan.

The company's general manager, Farhan Al-Fartousi, said: "Iraq's ports are working permanently to organize the work of joint operating companies and their workers who are of different Arab and foreign nationalities, pointing out that many of them work in ports through joint operating contracts and other 

Contracts.” For his part, the Assistant Director of the Planning and Follow-up Department, Abbas Kazem Khalaf, explained that the meeting included the Planning and Follow-up Department, Information Technology and the Passport Division in the company’s legal department to develop a plan to control entry visas for foreign and Arab workers working in ports through joint operating contracts and other contracts, stressing This will be done by designing an electronic program and a unified database for all companies to determine the actual need for the required labor.

[yota691]

 

With revenues exceeding $10 billion... Oil announces the statistics of oil exports for the month of March

 

 2022-04-26 05:44

 

 

Shafaq News / The Ministry of Oil announced, on Tuesday, the total oil exports and revenues achieved for the month of last March, and while it indicated that it achieved revenues of more than 10 billion dollars, it confirmed that it had exported more than 99 million barrels from oil fields in the center, south and Kirkuk governorate.

 

The ministry said in a statement received by Shafak Agency, "According to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the amount of crude oil exports amounted to (100) million (579) thousand and (612) barrels, with revenues of (10) Billions and (913) million and (197) thousand dollars.

 

The ministry added that "the total quantities exported of crude oil for the month of March from oil fields in central and southern Iraq amounted to (99) million (130) thousand and (677) barrels, while the quantities exported of Kirkuk oil through the port of Ceyhan were (1) million. and (448) thousand (935) barrels," indicating that "the average price per barrel amounted to (108.503) dollars."

 

In its statement, the ministry indicated that "additional revenues were achieved from selling quantities of shipments of exported crude oil at a price premium, as the total revenue for them amounted to 273,804.794 million dollars," noting that "the exported quantities were loaded by (34) different international companies. Nationalities, from the southern ports and the mono-buoys on the Gulf and the Turkish port of Ceyhan.

[yota691]

Average price exceeded 108 dollars

Oil publishes the final statistics of exports and revenues during the past month

2022.04.26 - 12:32

 

  

Baghdad - people  

The Ministry of Oil announced, on Tuesday, the final statistics of oil exports and revenues for the month of March.  

  

  

And the ministry stated in a statement that “Nass” received a copy of it, (April 26, 2022), that “according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO) during the month of March, the amount of exports of crude oil amounted to (100) million and (579) One thousand and (612) barrels (one hundred million five hundred and seventy-nine thousand six hundred and twelve barrels), with revenues amounting to (10) billion and (913) million and (197) thousand dollars (ten billion nine hundred and thirteen million one hundred and ninety-seven thousand dollars) .  

The statistics indicated that "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 (130) thousand and (677) barrels, while the quantities exported of Kirkuk oil through the port of Ceyhan (1) One million (448) thousand (935) barrels.  

While she pointed out that "the average price per barrel amounted to (108,503) dollars."  

  

She added that "additional revenues were achieved from selling quantities of shipments of exported crude oil at a price premium, as the total revenue for them amounted to (273,804.794) million dollars," noting that "the exported quantities were loaded by (34) international companies of different nationalities, from the ports. The southern port and the mono-buoys on the Gulf and the Turkish port of Ceyhan.  

[yota691]

 

With revenues exceeding $10 billion... Oil announces the statistics of oil exports for the month of March

 2022-04-26 05:44

 

 

Shafaq News / The Ministry of Oil announced, on Tuesday, the total oil exports and revenues achieved for the month of last March, and while it indicated that it achieved revenues of more than 10 billion dollars, it confirmed that it had exported more than 99 million barrels from oil fields in the center, south and Kirkuk governorate.

 

The ministry said in a statement received by Shafak Agency, "According to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the amount of crude oil exports amounted to (100) million (579) thousand and (612) barrels, with revenues of (10) Billions and (913) million and (197) thousand dollars.

 

The ministry added that "the total quantities exported of crude oil for the month of March from oil fields in central and southern Iraq amounted to (99) million (130) thousand and (677) barrels, while the quantities exported of Kirkuk oil through the port of Ceyhan were (1) million. and (448) thousand (935) barrels," indicating that "the average price per barrel amounted to (108.503) dollars."

 

In its statement, the ministry indicated that "additional revenues were achieved from selling quantities of shipments of exported crude oil at a price premium, as the total revenue for them amounted to 273,804.794 million dollars," noting that "the exported quantities were loaded by (34) different international companies. Nationalities, from the southern ports and the mono-buoys on the Gulf and the Turkish port of Ceyhan.

[yota691]

10.9 billion dollars, the proceeds of Iraqi oil exports in March

Iraqi Ministry of Oil

 April 26, 2022 12:50 PM

Mubasher: The Iraqi Ministry of Oil said today, Tuesday, that the total quantities exported during the month of last March amounted to 100.58 million barrels, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).

The Ministry of Oil added, in a statement, that oil export revenues amounted to $10.91 billion during March 2022.

The statistics indicated that the total quantities of crude oil exported for the month of March from oil fields in central and southern Iraq amounted to 99.13 million barrels, while the quantities exported of Kirkuk oil through Ceyhan port amounted to 1.45 million barrels.

The Ministry of Oil pointed out that the average price per barrel amounted to 108.5 dollars .

The ministry noted that additional revenues were achieved from selling quantities of exported crude oil shipments at a price premium, as the total revenue amounted to 273.8 million dollars.

The ministry said 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 .

[Laid Back]

 

- Oil sales… Almost $11 billion dollars for the month of March

- Meeting in Baghdad with the World bank and IMF in the near future 

- More than $70 billion dollars in foreign currency reserves

- Positives talks about HCL 

- The recent World Bank report indicated positive growth in the Iraqi economy,Iraq ranked first in the Arab world with the largest growth in GDP

- The International Monetary Fund expects; Iraq's GDP growth will reach 9.5%

 

I SEE PROGRESS.

 

Go Iraq 🇮🇶 

Go new monetary policy 

Go open market economy 

Go stronger dinar 1+

 

 

 

[southbeach]

Plus all the natural gas to be sold to UK and other markets from Kurdistan

[yota691]

Basra Oil: Khor Al-Amaya port will be ready to operate at the end of next year

 

Reconstruction and building Economy News - Baghdad On Sunday, the Basra Oil Company set the date for the Khor al-Amaya port to enter service and the expected export capacity.   The Deputy Director-General of the Basra Oil Company, Ahmed Fadel Dhaim, told the official news agency, "The Khor Al-Amaya port is a milestone for the stabilization of the maritime borders," noting that "abandoning it may cause a distortion of the lines."   He added, "There is an effort to carry out work to restore the carrier pipeline that was damaged two years ago, with the aim of increasing export capacity by 300,000 barrels per day," noting that "the final touches to complete the third offshore pipeline are taking place now, as it will be linked to the port in one of its branches and will be at the end of the year 2023." Ready to work with an export capacity increase of 600,000 barrels per day.   He continued, "The rehabilitation works of Khor Al-Amaya port will end in 2025," noting that "these works will restore the port a large part of its design capacity."

Views 41   Date Added 05/01/2022

[yota691]

 

Iraq announces oil exports of 10.55 billion dollars in April

 

 2022-05-01 10:11

 

Shafaq News/ The Iraqi Ministry of Oil announced today, Sunday, the preliminary statistics of the exported quantities of oil and the revenues achieved for the month of last April, noting that they amounted to 10.55 billion US dollars.

 

 

The ministry said in a statement received by Shafaq News Agency, "The total amount of crude oil exports amounted to 101 million and 390 thousand and 662 barrels, with revenues of 10.55 billion dollars, according to the preliminary statistics issued by the Iraqi Oil Marketing Company (SOMO).

 

She added that the total quantities of crude oil exported for the month of April from oil fields in central and southern Iraq amounted to 98 million and 100 thousand and 42 barrels, while from Kirkuk fields through Ceyhan port, the exported quantities amounted to 2 million and 991 thousand and 60 barrels. .

 

She pointed out that the average daily quantities amounted to 3 million and 380 thousand barrels per day, indicating that the average price per barrel amounted to more than 104,091 dollars.

 

Iraq exports most of its oil through the ports of the Persian Gulf and mono-buoys. The rest is exported through the Turkish port of Ceyhan and through oil basins to Jordan.

[yota691]

Oil: more than 10 billion dollars in imports for the month of April

• Time: 05/01/2022 16:53:20
•  
• Reading: 793 times

  

{Economic: Al Furat News} The Ministry of Oil announced, today, Sunday, the preliminary statistics of the exported quantities of crude oil and the revenues generated for the month of last April.

 

The ministry stated in a statement that {Euphrates News} received a copy of it, that: "According to the preliminary statistics issued by the Iraqi Oil Marketing Company "SOMO", the total amount of crude oil exports amounted to (101) million (390) thousand and (662) barrels, Revenues amounted to (10.55) billion dollars."

The statistics indicated that "the total quantities of crude oil exported for the month of April from oil fields in central and southern Iraq amounted to (98) million (100) thousand and (42) barrels.

As for the Kirkuk fields through the port of Ceyhan, the exported quantities amounted to (2) million and (991) thousand and (60) barrels.

The statistics noted, "the average daily quantities amounted to (3) million and (380) thousand barrels per day, i.e., the average price of one barrel is more than (104,091) dollars."

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

[Officiallytook]

They have to produce like 5xs the amount that Kuwait does to even come close to their rate of exchange no? Gross per capital no?

[horsesoldier]

After 19+ years the waters have been muddied pretty thoroughly as to what Iraq needs to or doesn't need to do & when/if they'll do it. ( you'd think this much procrastinating & arguing would be exhausting: but we've seen some real tenacious stick to " itofnous " huh ).

 

No doubt " someone " knows what the heck they're doing...and they're playing their cards awfully close to the best.

 

Just in case, I've already locked in plans that in the EVENT I travel to the great beyond prior to Iraq's long overdue RV/RI EVENT....my wife & kids & grandkids are to benefit from Iraq's if/when EVENT.

[yota691]

 

More than $38 billion in Iraq's oil revenues in four months

 

 2022-05-10 05:16

 

Shafaq News/ During the first four months of 2022, Iraq's revenues jumped more than 38 billion dollars, supported by the large and rapid rise in the price of a barrel of oil with the outbreak of the Russian-Ukrainian crisis at the beginning of this year.

According to the schedules of the Oil Marketing Company "SOMO", which were reviewed by Shafak News Agency; Iraq's oil revenues during the first four months of this year amounted to 38 billion and 594 million dollars, an increase of 82.8 percent compared to the revenues of the same period last year 2021, which amounted to 21 billion and 113 million dollars, and an increase of 149.11 percent over the same period in 2020, which It amounted to 15 billion and 493 million dollars.       

And it indicated that the average price of a barrel of oil during the first four months of the current year 2022 amounted to $97,838 a barrel, an increase of 62.91 percent compared to the price of the first four months of last year 2021, which amounted to $60,555 a barrel, and an increase of 156.85 percent over the year 2020, when the average price of a barrel reached One is $38.091.

The rate of Iraqi oil exports reached 3.2 million barrels per day on average during the first 4 months of 2022, compared to 2.9 million barrels per day on average during the same period last year 2021, compared to 3.4 million barrels per day for the year 2020.

[yota691]

Iraq's oil revenues exceed 38 billion in four months

 

energy Economy News-Baghdad During the first four months of 2022, Iraq's revenues jumped more than $38 billion, supported by the large and rapid rise in the price of a barrel of oil with the outbreak of the Russian-Ukrainian crisis at the beginning of this year .   According to the schedules of the Oil Marketing Company "SOMO"; Iraq's oil revenues during the first four months of this year amounted to 38 billion and 594 million dollars, an increase of 82.8 percent compared to the revenues of the same period last year 2021, which amounted to 21 billion and 113 million dollars, and an increase of 149.11 percent over the same period in 2020, which It amounted to 15 billion and 493 million dollars .        And it indicated that the average price of a barrel of oil during the first four months of the current year 2022 amounted to $97,838 a barrel, an increase of 62.91 percent compared to the price of the first four months of last year 2021, which amounted to $60,555 a barrel, and an increase of 156.85 percent over the year 2020, when the average price of a barrel reached One is $38.091 .    According to Shafak News Agency. The rate of Iraqi oil exports reached 3.2 million barrels per day on average during the first 4 months of 2022, compared to 2.9 million barrels per day on average during the same period last year 2021, compared to 3.4 million barrels per day for the year 2020 .

Views 101   Date added 10/05/2022

[yota691]

 

Iraq imports oil products with more than 3 billion dollars in 2021

 

 2022-05-15 05:38

 

Shafaq News/ The Oil Marketing Company (SOMO) revealed that the value of imported oil products for the year 2021 amounted to more than 3 billion dollars.

Somo said in her schedule seen by Shafak News Agency; The imported quantities of gas oil for the year 2021 amounted to one million and 74 thousand tons, with a financial value of 657 million and 442 thousand dollars, while the imported quantities of gasoline amounted to three million and 475 thousand tons, with a financial value of two billion and 543 million and 620 thousand dollars.

She added, "The imported quantities of white oil during 2021 amounted to 163 thousand tons, with a financial value of 102 million and 340 thousand dollars.

She pointed out that the total imported quantities for the year 2021 amounted to 4 million and 712 thousand tons, with a total value of 3 billion and 303 million and 402 thousand dollars, an increase of 51.5% over the year 2020, in which the imported quantities of oil products amounted to 3 million and 547 thousand tons, with a financial value of two billion And 604 million and 659 thousand dollars.

Iraq is the second largest exporter of oil in the Organization of Petroleum Exporting Countries, but at the same time it imports oil derivatives from countries around the world, due to the inability of Iraqi refineries to produce the required quantities from local consumption.

[6ly410]

oil exports. reducing public debt and doubling cash reserves

oil exports. reducing public debt and doubling cash reserves (alsabaah.iq), may 19, 2022 305

baghdad: haidar al-rubaie

the increase in the volume of oil exports, which will reach about 4.5 million barrels from next month, following the increase granted by opec to iraq, was a significant shift in the volume of the country's financial imports, which, according to a number of economic professionals, could contribute to reducing public debt, increasing iraq's hard currency reserves, as well as the possibility of exploiting the surplus of those revenues to establish important strategic projects in various productive sectors that could contribute to the supply of the public budget with financial resources other than oil.

iraq's opec representative, mohammed saadoun, revealed that the organization has agreed to a new increase in iraq's oil quota starting in july and august.

and september.

 

decision positives

"raising iraq's share of oil production will have a positive impact on the economic reality in the country, especially since this increase will double the financial revenues generated by selling oil, and increase iraq's cash reserves, as well as the importance of this step in increasing the overall budget ratios in various

areas."

according to al khalifa, if the price of a barrel of oil is estimated at $100, oil revenue for june will be in the range of $12.3 billion, while total revenue for the rest of the year will be about $86.100 billion, or about $12 billion. 6.5 trillion dinars, if we assume that the exchange rate is 1470 dinars per dollar, knowing that the federal general budget estimated last year 2021 was in the range of 130 trillion dinars, and this shows us the recovery of revenues for this year thanks to the rise in the price of a barrel

oil.

 

public debt

al-khalifa stressed the need to take good advantage of this opportunity by reviving investment projects, while reducing expenditures and adhering to the reform white paper provided by the current government.

according to the economist, it is important for the government to work on more than one direction to exploit the financial abundance achieved by the rise in oil prices, putting at the forefront of these trends "reducing public debt and increasing iraq's foreign exchange reserves".

 

low prices

despite the positives achieved by increasing oil prices globally and increasing iraq's export capacity, khalifa expressed concern that the prices of "black gold" could decline in the coming periods, pointing out: "oil is a commodity like the rest of the goods subject to the supply and demand equation and therefore any decision to increase oil production, and for any producing country, will affect the price of world oil, so opec's decision to raise the production ceiling for its members will result in a decrease in the price of a barrel of world oil." the economist's "concerns" coincided with the u.s. energy information administration's weighting, which lowered oil price expectations by more than 3%, this year.

"the legislation passed by a senate committee on the nobke bill, which aims to lower oil prices in order to break cartel decisions, is therefore expected to indicate that the price of a barrel of oil for next year will be in the range of $90-100," he said.

 

export share

iraq's opec representative, mohammed saadoun, confirmed that the organization had agreed to a new increase in iraq's oil quota starting in july and august.

and september. "the production ceiling will reach 4.5 million barrels per day in june," saadoun told al-iraqiya tv.

next." "iraq has the right to increase its production according to the production ceiling, and there will be another increase during the months of july, august and september by 50,000 barrels per month, and then iraq reaches the normal level of its reference production," he said, noting that "the plans of the ministry of oil include a gradual increase and investment of the increase it has granted."

opec."

"it is estimated that the average oil price will remain above $100 until the third quarter of this year," he said.

year."

[yota691]

Oil achieved more than 10 billion dollars in the month of April

2022.05.25 - 13:34

 

Baghdad - people  

The Ministry of Oil announced, on Wednesday, the final statistics of oil exports for the month of last April, confirming that the value of revenues amounted to (10) billion (609) million and (252) thousand dollars.  

  

  
  

And the ministry’s media stated in a statement, of which “Nass” received a copy, (May 25, 2022), that “according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the amount of crude oil exports amounted to (101) million and (390) thousand. and (662) barrels (one hundred and one million three hundred and ninety thousand six hundred and sixty-two barrels), with revenues amounting to (10) billion and (609) million and (252) thousand dollars (ten billion six hundred and nine million two hundred and fifty-two thousand dollars).  

The statistics indicated that "the total quantities exported of crude oil for the month of April from oil fields in central and southern Iraq amounted to (98) million (100) thousand and (42) barrels, while the quantities exported from Kirkuk oil through the port of Ceyhan were (2) million. And (991) thousand and (60) barrels," explaining that "the average price per barrel amounted to (104.637) dollars."  

The statement pointed out that "additional revenues were achieved from selling quantities of shipments of exported crude oil at a price premium, as the total revenue for them amounted to (71,844,712) million 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, mono-buoys on the Gulf and the Turkish port of Ceyhan."  

The statement concluded, "The ministry, through its belief in informing the people about export operations and the revenues generated from it, took this monthly measure."  

[yota691]

Oil announces the final statistics of exports and imports last April

• Time: 05/25/2022 13:27:40
•  
• Reading: 962 times

  

{Economic: Al Furat News} The Ministry of Oil announced, on Wednesday, the final result of exports and imports for the month of April.

And the ministry’s media stated in a statement that {Euphrates News} received a copy of it, that “the Ministry of Oil announced the total oil exports and revenues achieved for the month of last April, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), where the amount of crude oil exports amounted to (101 ) one million (390) thousand and (662) barrels (one hundred and one million three hundred and ninety thousand six hundred and sixty-two barrels), with revenues amounting to (10) billion and (609) million and (252) thousand dollars (ten billion six hundred and nine million two hundred and two). fifty thousand dollars). 

The statistics indicated that "the total quantities of crude oil exported for the month of April from the oil fields in central and southern Iraq amounted to (98) million (100) thousand and (42) barrels, while the quantities exported of Kirkuk oil through the port of Ceyhan (2). One million and (991) thousand and (60) barrels, stating that "the average price per barrel amounted to (104.637) dollars."

While additional revenues were achieved from selling quantities of shipments of exported crude oil at a price premium, the total revenue for them amounted to (71,844,712) million 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." 

[yota691]

 

With revenues amounting to 10 billion dollars .. Oil announces its final exports for the month of last April

 

 2022-05-25 06:36

 

Shafaq News/ The Ministry of Oil announced today, Wednesday, the total final oil exports and revenues achieved for the month of last April, indicating that the exported quantities were loaded by (34) international companies of different nationalities.

The ministry said in a statement received by Shafaq News Agency, "According to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the amount of crude oil exports amounted to (101) million (390) thousand and (662) barrels, with revenues of (10 ) billions (609) million and (252) thousand dollars.

He added that "the total quantities exported of crude oil for the month of April from oil fields in central and southern Iraq amounted to (98) million (100) thousand and (42) barrels, while the quantities exported from Kirkuk oil through the port of Ceyhan were (2) million and (991) thousand and (60) barrels.

He pointed out that "the average price per barrel amounted to (104.637) dollars," noting that "additional revenues were achieved from selling quantities of shipments of exported crude oil at a price premium, as the total revenue for them reached (71,844,712) million dollars.

She explained 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."

[yota691]

Parliamentary Oil and Gas reveals the ministry’s plan to increase daily production

• Time: 05/28/2022 10:24:23
•  
• Reading: 936 times

  

{Economic: Al Furat News} A member of the Oil, Gas and Natural Resources Committee, Deputy Ali Shaddad, revealed today, Saturday, the Ministry of Oil's intention to reach Iraq's daily production of crude oil to 8 million barrels per day by 2027.

Shaddad said in a statement that {Euphrates News} received a copy of it, "The Ministry of Oil has developed a set of development plans to increase the daily production of crude oil, represented by drilling new oil wells, as seven oil wells have been completed in the Halfaya oil field in Maysan Governorate, and drilling and exploration operations are still ongoing." Reclamation continues in most of the oil sites.

He added, "The Ministry of Oil has concluded several agreements with Chinese and other American companies to conduct drilling and exploration operations within a medium-term plan to drill and reclaim (200) oil wells in several regions of the country."

He pointed out that "Iraq has a large oil stockpile, but what hinders the development processes and the rapid increase in production is the obsolescence of the infrastructure and the inability of the available ones to keep pace with the growth in production and export," noting that "one of the most important of these obstacles is the lack of a network of pipelines to connect the oil fields." in export ports.