Today, Saturday, the Iraqi Ministry of Oil announced that the country’s oil exports during the past year amounted to more than one billion barrels, while noting that Chinese and Indian companies were the most buyers of oil.
In a press release, she stated that “the total oil exports for the year 2020 amounted to one billion 96 million and 345 thousand barrels, at a monthly export rate of 91 million and 362 thousand barrels, and a daily average of 2 million and 362 thousand barrels.”
She added, “Chinese and Indian oil companies were the most buyers of Iraqi oil, followed by American companies.”
The Iraqi Ministry of Oil indicated that “the revenues generated from sales of crude oil amounted to 41 billion and 755 million dollars, at a rate of 3 billion and 479 million dollars per month, as the average monthly price of crude oil reached 38 dollars and 86 cents per barrel.”
She emphasized, “The total exports from the oil fields in Basra and central Iraq, exported through the ports of Basra, amounted to one billion and 60 million and 454 thousand barrels, with revenues of 40 billion and 488 million dollars.”
The ministry indicated that “the total exported quantities from the oil fields in Kirkuk (northern Iraq) through the Turkish port of Ceyhan amounted to 33 million and 8 thousand barrels, with revenues of one billion and 196 million dollars, while the total exports from the Qayyarah field reached 617 million and 894 thousand barrels, with revenues Amounted to 12 million and 765 thousand dollars. “
And she continued, “The total oil exports to Jordan amounted to two million and 265 thousand barrels, with revenues amounting to 58 million and 381 thousand dollars.”