Iraq announces exporting more than 91 million barrels of oil by 40 dollars

Iraq announces exporting more than 91 million barrels of oil by 40 dollars
2015-10-01T09:36:43+00:00

Marketing Company "SOMO," where the total quantity of oil exports amounted to more than (91.552.863) barrels, while the achieved revenue reached to approximately (3.692) three billion , six hundred and ninety-two million dollars.

The spokesman of the Ministry of Oil, Assem Jihad said in an interview received by Shafaq News, that the sum of the exported quantities from the southern port of Basra was (91.552) barrels, while total exports through the port of Ceyhan reached (645) thousand barrels.

Jihad said that the daily rate of exports (3.52) three million and fifty-two thousand barrels, stressing that the sale of a barrel of average crude oil price is (40.327) dollars.

Jihad confirmed that the daily exports rates for September for 30 days were calculated other than August which was 31 days.

He said that Kurdistan Region has stopped supplying Iraqi oil marketing company "SOMO" within the agreed quantities in the current 2015 budget, amounting to 550 000 barrels.

He explained that the amounts above have been downloaded by international oil companies that have different nationalities from the ports of Basra and Khor al-Amaya and buoys on the Arabian Gulf and the Turkish port of Ceyhan.

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