Draw Media

Kirkuk's oil revenue has almost doubled from $105 million in August to $193 million in September.
The export of Kirkuk oil fields in August was (1 million 109 thousand 528) barrels, the price of a barrel in the month was (95) dollars, the total revenue was (105 million 405 thousand) dollars
The export of Kirkuk oil fields in September was (2 million 169 thousand 180) barrels and the price of a barrel in September was (88.83) dollars, the total revenue is (193 million) dollars.
According to the Iraqi Oil Ministry, Kirkuk oil exports between August and September 2022 are as follows:
• Kirkuk oil exports in September 2022:
(2 million 169 thousand 180) barrels
• Kirkuk oil exports in August 2022:
(1 million 109 thousand 528) barrels
The difference between August and September is 1 million 59 thousand 652 barrels.
According to Darw, the decline in Kirkuk oil exports in August was due to two reasons:
• Storage of oil produced in Kirkuk.
• Domestic demand and increased production of domestic refineries.
A source in the Kirkuk Oil Company told Darw:
Kirkuk oil production on 31/8/2022 was (340 thousand barrels) distributed as follows:
• 85,000 barrels of oil, by 25% of the production were stored in Kirkuk reservoirs.
• (255 thousand) barrels used by (75%) as follows:
- 49,000 barrels of oil have been exported to theTurkish Port of Jayhan, which is 14% of the total daily oil production of Kirkuk.
- (206 thousand) barrels consumed domestically as follows:
• (40,000) barrels for the refinery.
• (39 thousand) barrels for Bazian refinery
• (52,000) barrels for Beji refinery
• The rest is for other refineries and power plants