Statistics for [where]: Iraq sold oil for $ 26 billion in two-thirds of this year

2016/10/5 13:37

[Oan- Baghdad]

Conducted by the statistical agency showed all of Iraq [where], citing official data issued by the Iraqi Oil Ministry, for more than $ 26 billion of oil over the past eight months of this year, 2016 sale of Iraq.

This statistic does not include, according to the Ministry of Oil, which imports and exports from the Kurdistan region's oil because of the continuing political dispute between Baghdad and Erbil, despite the fact that the North Oil Company Astinavt on 19 August export of oil from the Kirkuk fields via the Turkish port of Ceyhan, after a visit by a delegation from the Government of region to Baghdad.

Iraq relies on oil imports by 90% of the public finances of the state budget, but faced considerable pressure deficit government spending because of the drop in crude prices since July 2014 to almost a third after it was a $ 110 and dropped to under fifty dollars per barrel.

The Iraqi government is facing a deficit in securing the necessary funds for the war on terror Daesh bands, staff salaries and expenses of the state, but was able to borrow $ 15 billion from international financial institutions such as the International Monetary Bank.

According to the statistic that Iraq sold through his company National Oil Marketing Sumo during the past eight months from January until July of 2016, [26] billion and $ 21 million, while exports during the same period, was 792 million, and 5000 barrels.

And was able oil ministry, this year the export of four shipments of liquid gas and other gas condensate, to supplement the state treasury and financial revenues.

Said Undersecretary for gas Hamid Younis in 23 of the last month, said that "the total exported quantities of liquid gas since the start of export and until this day amounted to 12,000 tons, and the total exported quantities of gas condensate amounted to more than 100,000 cubic meters."

Exports and imports Alntvih are distributed as follows, according to the Ministry of Oil data:

January 2016: the export of $ 101 million, Baward 2 billion and 262 million dollars.

February: the export of 93 million and 500,000 barrels, Baward 2 billion and 249 million dollars.

March: the export of $ 101 million, 900 thousand barrels, Baward 2 billion and $ 894 million.

April: exported 100.9 million barrels, Baward 3 billion, and $ 368 million.

May: the export of 99 million and 200 thousand barrels, Baward 3 billion and 748 million dollars.

June: the export of 95 million and 300,000 barrels, Baward 3 billion and 829 million dollars.

July: the export of 99 million and 266,000 barrels, Baward 3 billion and 743 million dollars.

August: the export of 100 million and 100 thousand barrels, Baward 3 billion and $ 928 million.