Iraq's oil revenue falls by $5 billion in one month

Iraq and Kurdistan region service – The Iraqi Ministry of oil announced that oil revenues in March fell to $1.957 billion, a decrease of about $5 billion compared to the previous month.

According to Kurdpress, according to statistics published by the Iraqi Oil Marketing Company (SOMO), total oil exports, including gas condensate, exceeded 18 million 604 thousand barrels.

Revenue from exports was announced at $1 billion, 957 million, and 121 thousand. The total volume of crude oil exported from central and southern Iraqi oil fields in March reached 14 million, 561,534 barrels.

According to the statement, the Kurdistan region's exports through the Turkish port of Ceyhan were 1 million 271 thousand barrels, while Kirkuk's exports through the same port reached 2 million 772 thousand barrels of oil.  

News ID 160511

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