Oil Exports

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December 28, 2010 - 01:50:15

BAGHDAD / Aswat al-Iraq: Iraq’s oil exports in November this year had reached 57,300 million barrels, that had achieved US$4 billions ( and 618 millions in revenues, the Oil Ministry’s Media Director, Assem Jihad, said on Tuesday.

“The Oil Ministry had exported 57,300 million barrels of oil, revenues of which had reached US$4 billions and 618 millions, last November,” Jihad told Aswat al-Iraq news agency, adding that the average price of a barrel of Iraqi oil during October had reached 80.59 dollars.

Jihad said that the oil quantities exported last November from southern Iraq had reached 46,000 million barrels, with a revenue that reached US$3 billions ( and 693 millions, whilst the quantities expoerted from northern Iraq’s Kirkuk oil fields had reached 11,300 million barrels, with a total revue of US$925 millions.

“The oil exported from southern Iraq’s Basra terminals and its Khor al-Umaya terminal in the Gulf, as well as through Turkey’s Ceyhan Terminal and by mobile tankers through Jordan via 29 Asian and American companies, could have reached more than the above figures by 2 million barrels, but the exports were affected by bad weather,” Jihad concluded.

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