Ministry of Oil announces revenues for May

The Oil Ministry announced Tuesday the preliminary statistics on the quantities exported from crude oil and revenues for the month of May, while confirming that financial revenues reached (5) billion and (899) million dollars.

 "Total exports and revenues for the past may, according to preliminary statistics issued by the Iraqi oil marketing company Somo, amounted to (89) million (881) thousand and 268 barrels of crude oil exports, with revenues of (5) billion and (882) million (356) thousand dollars," the ministry said in a statement.

  "The total amount of crude oil exported last May from oil fields in central and southern Iraq amounted to 86 million and (820) thousand and (355) barrels, while from Kirkuk fields through the port of Ceyhan amounted to (3) million (60) thousand (913) barrels per day. "The average daily volume was (2) million and (899) thousand barrels per day, and the average price per barrel was 65,459 dollars," it said. 

"The ministry, through its belief in informing the people about the export operations and revenues generated from it, has taken this monthly measure," the statement said.