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Rising oil exports to Iraq in December for 109 million barrels DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Rising oil exports to Iraq in December for 109 million barrels

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Rising oil exports to Iraq in December for 109 million barrels Empty Rising oil exports to Iraq in December for 109 million barrels

Post by RamblerNash Sun Jan 29, 2017 12:12 pm

Rising oil exports to Iraq in December for 109 million barrels

Rising oil exports to Iraq in December for 109 million barrels 5576041_1024

Oil exports from Basra last December amounted to 107 million barrels - the image of Reuters Arabian Eye

January 29, 2017 13:45

Straightforward: oil marketing company said (SOMO), the total oil exports to Iraq during the month of December 2016 stood at 109.1 million barrels, worth $ 5.06 billion, and the price of a barrel to $ 46.37 rate.

The company explained in a statement on its website that the oil exports from Basra last December amounted to 107 million barrels, valued at approximately $ 4.96 billion.

The statement continued that the total oil exports from Kirkuk came to 2.1 million barrels in December, valued at about $ 102 million.

The statement pointed out that those quantities were exported through the ports of Basra and Khor al-Amaya and buoys unilateralism on the Arabian Gulf and Turkish port of Ceyhan on the Mediterranean Sea, it has been exporting those quantities for 36 foreign companies.

The Iraqi oil minister, Jabbar Luaibi, announced the beginning of January, rising exports from Iraq's southern ports to 3,000,510 thousand barrels per day, the highest export rate is unprecedented achieved from the middle and south fields, according to the ministry statement.

He pointed Allaibi, according to the statement, that the increase in exports does not affect Iraq's decision to cut production, which began to apply starting with the beginning of the year 2017.

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