Ministry of Oil announces April's oil exports and imports

Economy 04:28 PM - 2022-05-25

On Wednesday, the Ministry of Oil announced the final report of exports and imports for April.

Oil Ministry announced the total oil exports and revenues achieved last April. According to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), crude oil exports amounted to 101 million and 390 thousand and 662 barrels, and the revenues amounted to 10 billion and 609 million and 252 thousand dollars.

The statistics indicated that the total quantities of crude oil exported for April from the oil fields in central and southern Iraq amounted to 98 million 100 thousand and 42 barrels, while the Kirkuk oil exports through the port of Jihan amounted to one million and 991 thousand and 60 barrels. The average price per barrel amounted to (104.637) dollars.

Additional revenues were achieved from selling shipments of exported crude oil at a price premium. The total revenue for them amounted to (71,844,712) million dollars.

The statement indicated that the exported quantities were loaded by 34 international companies of different nationalities, from the ports of Basra, Khor al-Amaya, mono-buoys on the Gulf, and the Turkish port of Jihan.


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