Oil Ministry: revenue in June reaches $11.5 billion

Baghdad-INA
The Iraqi Ministry of Oil announced that  its revenues in June amounted to more than $11 billion.

A statement by the ministry, received by the Iraqi News Agency (INA), stated that "According to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the amount of crude oil exports amounted to (101) million (191) thousand and (236) barrels, with revenues amounting to ( 11) billion and (354) million and (544) thousand dollars.”

The statistics indicated, "The total quantities of crude oil exported for the month of June from oil fields in central and southern Iraq amounted to (97) million (980) thousand and (589) barrels, while the quantities exported of Kirkuk oil through the port of Ceyhan (2), one million (910) thousand and (887) barrels," noting that "the average price per barrel amounted to (112,209) dollars."

The statement  noted, "additional revenues were achieved from selling quantities of shipments of exported crude oil at a price premium, as the total revenue amounted to (108,822,255.03) dollars," noting that "the exported quantities were loaded by (36) international companies of different nationalities, from Basra ports, Khor Al-Amiya and the mono-buoys on the Gulf and the Turkish port of Ceyhan."