24/08/2011
$48 billion the value of oil exports
بغداد - الصباح BAGHDAD - morning
Said the oil ministry said exports of crude oil for the period from the beginning of this year until the month of July amounted to 464.1 million barrels reached totaling more than $ 48 billion. The ministry said in a statement «the Akiem sales for seven months, covered a large part of the budget year 2011 and if it persists the case on that, Iraq will achieve a surplus of good.
He said the total crude oil exports for the month of July amounted to (67.2) million barrels and the amounts realized from the sale of (7.311) billion dollars.
He explained that the exported quantities of crude oil for the month of July were distributed among Basra's oil exports, which total (53.0) million barrels and the amounts realized from the sale of (5.739) billion dollars.
The statement added that Kirkuk oil exports amounted to (14.2) million barrels and the amounts realized from the sale (1572) billion dollars, indicating that the average selling price was (108.795) dollars per barrel.
