Iraq’s Crude Oil Exports Exceeded 107 Million Barrels In Sept

Iraq’s Crude Oil Exports Exceeded 107 Million Barrels In Sept

BAGHDAD, Oct 2 (NNN-NINA) – Iraq’s Oil Ministry, said, Iraq exported more than 107 million barrels of crude in Sept, bringing in revenues of over six billion dollars.

Iraq’s total exports of crude oil in Sept was over 107.2 million barrels, at an average of 3.57 million barrels per day, which brought in revenues of 6.345 billion dollars for the month, a ministry statement said.

The average selling price for crude in Sept was 59.14 dollars per barrel, the statement added.

About 103 million barrels were exported from the country’s central and southern oil fields, while about 3.16 million barrels were from the northern province of Kirkuk, and 877,196 barrels were from the northern province of Nineveh, according to the statement.

It said that Iraq also exported 221,977 barrels of crude oil to neighbouring Jordan, during Sept, with an average of 7,000 barrels per day.

Iraq’s economy heavily relies on exports of crude oil, which account for more than 90 percent of the country’s revenues.– NNN-NINA

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