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Iraq's oil revenues in September surpass $9.4 billion

2023-10-01 19:46:09

The Ministry of Oil announced on Sunday that Iraq’s total oil revenues for last September amounted to $9.494 billion, with exports reaching 103 million and 143 thousand barrels at an average price of $92.05 per barrel. 

“The Ministry of Oil announces the total exports and revenues achieved for the month of September, according to preliminary statistics issued by the Iraqi Oil Marketing Company (SOMO). The total quantity of crude oil exports reached 103,143,199 barrels, generating revenues of $9.494 billion.

The statistics also revealed that the total quantities exported from the oilfields in central and southern Iraq for September amounted to 102,220,441 barrels, while exports to Jordan reached 449,423 barrels, and exports from Qayyara amounted to 473,335 barrels.

The average daily export rate was 3,438,000 barrels per day, with an average price per barrel of $92.05.

It’s worth noting that the ministry, in its commitment to transparency and informing the public about export operations and revenues, has adopted this monthly reporting process.”

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