Oil imports exceeded two billion dollars in February


March 23, 2016 8:43
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The Iraqi Oil Ministry, on Tuesday, that the total oil exports for the month of February, from the southern fields amounted to 93 million 500 thousand barrels, while confirming achieve total revenue of more than two billion dollars.
He said ministry spokesman Assem Jihad said in a statement, that "according to the final statistics released by the Iraqi Oil Marketing Company (SOMO), the total volume of oil exports for the month of February, from southern ports amounted to 93 million 500 thousand barrels," noting that "selling rate the barrel has reached 24 dollars and 53 cents. "
Jihad said that "the quantities of exported oil was uploaded by 36 international companies from different nationalities and from the ports of Basra and Khor al-Amaya and buoys monounsaturated overlooking the Arabian Gulf."
And we saw the price of oil rose slightly in March this down dollars for 40 per barrel, before falling again, at a time when oil exports, the backbone of the Iraqi economy, which relies on more than 90% of its revenue on oil.

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