Iraq’s oil exports achieve more than $7 billion

Iraq’s oil exports achieve more than $7 billion
Iraq’s oil exports achieve more than $7 billion
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The Iraqi Ministry of Oil announced the volume of Iraq’s exports of crude oil and the revenues generated for the month of December of last year 2022.

The final statistics issued by the Iraqi Oil Marketing Company “SOMO” showed that the amount of Iraq’s exports of crude oil amounted to / 103 / million / 281 / thousand and / 459 / barrels, with revenues amounting to / 7 / billion and / 708 / million and / 556 / thousand. dollar.

The statistics indicated that the total quantities exported of crude oil last December from the oil fields in central and southern Iraq amounted to /100/ million and /735/ thousand and 151 barrels, while the quantities exported from Kirkuk oil through the port of Ceyhan were /2/ million and /223/ thousand and /338/ barrels.

She pointed out that the average price per barrel amounted to /74.636/ dollars, and that the exported quantities were loaded by /36/ international companies of several nationalities from the ports of Basra, Khor Al-Zubayr, mono-buoys on the Gulf, and the Turkish port of Ceyhan.

The Iraqi Oil Minister, Hayan Abdul-Ghani, during his visit to the Oil Exploration Company, pointed out the importance of the exploration sector in enhancing the oil reserves of the hydrocarbon wealth of Iraq.

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Abdul-Ghani said: The seismic teams affiliated with the Oil Exploration Company have succeeded during the past period in intensifying their activities in the western desert in Anbar Governorate, as well as some areas in the governorates of Nineveh, Najaf, Muthanna and Dhi Qar, and traveled thousands of kilometers to collect information from the areas of land covered by the seismic survey within the plans of the ministry and achieved fruitful results.

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fixed reserve

Abdul-Ghani pointed out the importance of converting expectations into a fixed reserve that enhances Iraq’s position in terms of sustaining and increasing oil and gas production, explaining that these efforts over the past few years have led to the addition of 6 billion barrels of crude oil and 32 billion standard cubic feet to the reserve. national hydrocarbon wealth.

For his part, the Director General of the Oil Exploration Company, Ali Jassim, indicated that the Minister of Oil had listened to an explanation of the company’s plans and programs, in addition to attending a workshop devoted to promising gas exploration blocks, the results of exploration and evaluation work thereof, and future visions for the optimal investment of hydrocarbon wealth.

seismic difference

Jassim stressed that the seismic teams of the company adopt the latest technologies, devices and advanced equipment in surveying the lands and areas nominated for development and production.

Source: RT
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