Iraq achieves more than $115 billion of crude oil exports for 2022

Economy
  • 3-01-2023, 12:04
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    Baghdad-INA
     
    The Ministry of Oil confirmed on Tuesday, that it has achieved more than $115 billion of crude oil exports for the year 2022.

     “The total revenues generated from the export of crude oil for the past year 2022 amounted to more than (115) billion dollars, according to preliminary statistics,” said The Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani, in a statement received by the Iraqi News Agency (INA), noting that “the exported quantities of crude oil amounted to more than (1) billion and (209) million barrels, and the final outcome of the rate of The daily oil export is about (3) million and (320) thousand barrels per day.”

    Abdul-Ghani pointed out that "The export operations were carried out according to studies of the oil market for companies of various nationalities, including (Chinese, Indian, South Korean, Turkish, Greek, American, British, French, Russian, Italian, Spanish and Dutch) and others, as well as other Arab companies."
     
     
    The minister lauded "The exerted efforts of Oil Ministrys’ employees for these achieved progress, which have provided the federal budget with sums of money amounting to more than (115) billion dollars."