Iraq exported 103,143,199 million barrels of crude oil in September, generating 9.5 billion US dollars in revenue, the country's Oil Ministry announced on Sunday.
The average price of Iraqi crude oil in Sep. was 92.05 dollars per barrel, the ministry said in a statement, citing statistics from the State Organization for Marketing of Oil (SOMO), an Iraqi company.
The average of exported quantities stood at 3,438,000 bpd in September.
The crude oil barrels were exported from oil fields in central and southern Iraq to neighboring Jordan during the month.
Iraqi oil exports from Kirkuk and the Kurdistan region through the Kirkuk–Ceyhan Oil Pipeline remained suspended since the end of March upon a decision by the Turkish authority after an international court decided that SOMO is the only entity authorized to manage export operations through the Turkish port of Ceyhan.
Iraqi Prime Minister Mohammed Shia al-Sudani stressed Sunday the necessity of completing expansion and maintenance projects for Iraqi oil ports.
During a meeting to follow up on projects and plans for developing the oil sector, Sudani stressed the importance of completing gas projects and expanding investment in Iraqi fields producing natural gas, for the purpose of supplying power stations and national fertilizer-producing factories with their gas needs.
The Iraqi PM further underscored the necessity of completing the refinery projects as quickly as possible, in order to reach self-sufficiency in oil derivatives and fuel.
Iraq’s Oil Ministry announced last week the increase in production capacity at the Karbala refinery to 140,000 bpd.
