Oil Ministry: Last February's revenues reached more than 8 billion dollars

Economy

1-03-2022, 13:17

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Baghdad-INA

The Ministry of Oil announced on Tuesday, that the revenues for last February reached more than 8 billion dollars.

The total exports and revenues achieved for last February, according to the preliminary statistic issued by the Iraqi Oil Marketing Company (SOMO), reached to (92) million (790) thousand and (173) barrels, with revenues of (8.54) billion dollars, Oil Ministry said in a statement, received by the Iraqi News Agency (INA).

The statement pointed out that "The total quantities of exported crude oil for last of February from oil fields in central and southern Iraq amounted to (91) 314 thousand and (828) barrels, while the exported quantities of Kirkuk fields through Ceyhan port, amounted to (1) one million (475) thousand (345) barrels.

"The average daily quantities amounted to (3) million and (314) thousand barrels per day, while the average price of one barrel amounted to more than (92,083) dollars," the statement continued .