Iraq exported more than 100 million barrels during November confirms: is the highest in decades

December 1 2015

The Oil Ministry announced on Tuesday that Iraq exported more than 100

Million barrels of southern fields through last November, while confirming that the daily average of exports was the highest in decades.

He said ministry spokesman Assem Jihad said in a statement received (range Press) copy of it, that "the total volume of oil exported through November of last month, amounted to approximately 100 000 945 thousand and 867 barrels, the same quantity exported from southern Iraq."

Jihad said that "Iraq has been unable to export through the northern port of Ceyhan Turkish port due to the Kurdistan region's commitment to the agreement the oil and the loss of Iraq to the rate of export of 550 thousand barrels per day," stressing that "the price of a barrel rate of $ 36 and 420 cents."

Jihad pointed out that the "total financial revenue generated for the month mentioned amounted to more than three billion and 676 million and 413 000 dollars," pointing out that "the national production of crude oil, except for the Kurdistan region averaged three million and 657 barrels per day."

The oil minister, Adel Abdul-Mahdi confirmed on Tuesday (November 24, 2015), that Iraq sought to reach a production rate daily of crude oil up to 6 million barrels by 2020, as pointed out that the current volumes of production stands at a rate of 4.3 million barrels per day.