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After a “setback” in April, Iraq’s oil revenues nearly doubled

The Ministry of Oil revealed, on Monday, the preliminary statistic of the quantities exported of crude oil and the revenues accrued for last May.

The ministry said in a statement, “People” received a copy of it, (1 June 2020), “According to the preliminary statistics issued by the Iraqi Oil Marketing Company SOMO, crude oil exports amounted to (99) million (585) thousand and (283) barrels (ninety nine) One million five hundred and eighty five thousand two hundred and eighty three barrels), with revenues amounting to more than (2) billion and (91) million and (811) thousand dollars (two billion and ninety one million eighty and eleven thousand dollars).

The spokesman of the ministry, Asim Jihad, said, according to the statement, “The total quantities of crude oil exported for the last month of May from the oil fields in central and southern Iraq amounted to (96) million and (39) thousand and (852) barrels, either from Kirkuk fields through the port of Ceyhan.” The exported quantities amounted to (3) million and (545) thousand and (431) barrels. ”

He continued, “The total daily rate of exports reached (3) millions (212) thousand barrels, as the daily rate of export from Basra ports was (3) million (98 thousand barrels), and from Ceyhan the daily average was (114) thousand barrels.” .

He added, “The average price per barrel was (21.005) dollars.”

The Ministry of Oil announced the total exports and revenues accrued for the month of April, in a statement that “people” received a copy of, that “according to the preliminary statistics issued by the Iraqi Oil Marketing Company SOMO, the amount of exports of crude oil reached (103) million (144) thousand and ( 911) A barrel (one hundred and three million one hundred and forty four thousand nine hundred and eleven barrels), with revenues amounting to more than (1) billion and (423) million and (499) thousand dollars (one billion four hundred and twenty three million four hundred and ninety nine thousand dollars).

The monthly bulletin issued by SOMO, according to the statement, stated that “the total quantities exported of crude oil for the last month of April from the oil fields in central and southern Iraq amounted to (100) million and (532) thousand and (427) barrels, either from the Kirkuk fields through a port Jihan, the quantities exported amounted to (2) million and (287) thousand and (165) barrels, while the quantities exported to Jordan amounted to (325) thousand and (319) barrels.

She pointed out, “The total daily rate of exports reached (3) millions and (438) thousand barrels, as the daily rate of export from Basra ports was (3) million and (351) thousand barrels, and from Ceyhan the daily average was (76) thousand barrels.” And the average daily exported to Jordan was (11) thousand barrels.

And she continued, “The average price per barrel was (13,801) dollars.” Source