Oil: March's revenues amounted to 11 billion dollars

Economy/International

1-04-2022, 20:42

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Baghdad-INA

The total exports and revenues generated for the month of last March, according to the preliminary statistics issued by the Iraqi Oil Marketing Company "SOMO".

The Oil ministry said in a statement received by the Iraqi News Agency (INA), that "the total amount of crude oil exports amounted to (100) million and (563) thousand and (999) barrels, with revenues of (11.07) billion dollars, which is the highest financial revenue achieved. Since 1972

SOMO also added, "The total quantities exported of crude oil for the month of March from the oil fields in central and southern Iraq amounted to (99) million (115) thousand and (64) barrels, while from the Kirkuk fields through the port of Ceyhan, the quantities reached Exporting one million (448) thousand and (935) barrels.”.

In addition to that, "the average daily quantities amounted to (3) million and (244) thousand barrels per day, and that the average price per barrel amounted to more than (110,090) dollars.".

It is noteworthy that the ministry, through its belief in informing the people of the export operations and the revenues generated from it, took this monthly measure.