Minister proposes Joint Company for Iraqi Kurdistan’s Oil

By John Lee.

Iraq's Minister of Oil, Ihsan Abdul Jabbar Ismael [Ihsan Abduljabbar] (pictured) has reportedly proposed setting up a joint oil company to manage the production and export of oil from Iraqi Kurdistan.

According to Shafaq News, the new company would be "linked technically and administratively to the presidency of the region and the Federal Oil Ministry".

The Minister is quoted as saying:

"The ongoing talks between Baghdad and Erbil show new visions and ideas for the region."

(Source: Shafaq News)

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Iraq announces Oil Export Data for Sept

By John Lee.

Iraq's Ministry of Oil has announced initial oil exports for September of 78,388,619 barrels, giving an average for the month of 2.613 million barrels per day (bpd), slightly up from the 2.597 million bpd exported in August.

These exports from the oilfields in central and southern Iraq amounted to 75,000,000 barrels, while exports from Kirkuk amounted to 3,133,834 barrels. Exports to Jordan were 254,785 barrels.

Revenues for the month were $3.167 billion at an average price of $40.407 per barrel.

August's export figures can be found here.

(Source: Ministry of Oil)

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Finalised Iraqi Oil Export Figures for August

By John Lee.

Iraq's Ministry of Oil has announced finalised oil exports for August of 80,494,536 barrels, giving an average for the month of 2.597 million barrels per day (bpd), down from the 2.763 million bpd exported in July.

These exports from the oilfields in central and southern Iraq amounted to 77,505,136 barrels, while exports from Kirkuk amounted to 2,989,400 barrels.

Revenues for the month were $3.492 billion at an average price of $43.384 per barrel.

July's export figures can be found here.

(Source: Ministry of Oil)

The post Finalised Iraqi Oil Export Figures for August first appeared on Iraq Business News.

Preliminary Oil Export Figures for August

By John Lee.

Iraq's Ministry of Oil has announced preliminary oil exports for August of 80,494,536 barrels, giving an average for the month of 2.597 million barrels per day (bpd), down from the 2.763 million bpd exported in July.

These exports from the oilfields in central and southern Iraq amounted to 77,505,136 barrels, while exports from Kirkuk amounted to 2,989,400 barrels.

Revenues for the month were $3.517 billion at an average price of $43.693 per barrel.

July's export figures can be found here.

(Source: Ministry of Oil)

The post Preliminary Oil Export Figures for August first appeared on Iraq Business News.

“OPEC Plus” Agreement: Iraq cuts Oil Exports again

By John Lee.

Iraq's Ministry of Oil has announced preliminary oil exports for July of 85,663,290 barrels, giving an average for the month of 2.763 million barrels per day (bpd), down from the 2.816 million bpd exported in June.

These exports from the oilfields in central and southern Iraq amounted to 82,700,381 barrels, while exports from Kirkuk amounted to 2,701,015 barrels. Exports to Jordan were 261,894 barrels.

Revenues for the month were $3.487 billion at an average price of $40.708 per barrel.

June's export figures can be found here.

(Source: Ministry of Oil)

Oil Ministry Finalises Export Figures for June

By John Lee.

Iraq's Ministry of Oil has announced preliminary oil exports for June of 84,489,016 barrels, giving an average for the month of 2.816 million barrels per day (bpd), down from the 3.212 million bpd exported in May.

These exports from the oilfields in central and southern Iraq amounted to 81,006,497 barrels, while exports from Kirkuk amounted to 3,482,519 barrels.

Revenues for the month were $2.871 billion at an average price of $33.984 per barrel.

May's export figures can be found here.

(Source: Ministry of Oil)

Sharp Drop in Iraqi Oil Exports

By John Lee.

Iraq's Ministry of Oil has announced preliminary oil exports for June of 84,490,194 barrels, giving an average for the month of 2.816 million barrels per day (bpd), down from the 3.212 million bpd exported in May.

These exports from the oilfields in central and southern Iraq amounted to 81,007,685 barrels, while exports from Kirkuk amounted to 3,482,519 barrels.

Revenues for the month were $2.861 billion at an average price of $33.864 per barrel.

May's export figures can be found here.

(Source: Ministry of Oil)

Oil Ministry Finalises Export Figures for May

By John Lee.

Iraq's Ministry of Oil has announced finalised oil exports for May of 99,585,283 barrels, giving an average for the month of 3.212 million barrels per day (bpd), down from the 3.438 million bpd exported in April.

These exports from the oilfields in central and southern Iraq amounted to 96,039,852 barrels, while exports from Kirkuk amounted to 3,545,431 barrels.

Revenues for the month were $2.136 billion at an average price of $21.450 per barrel.

April's export figures can be found here.

(Source: Ministry of Oil)

Iraq’s May Oil Revenue Slightly Up

By John Lee.

Iraq's Ministry of Oil has announced oil exports for May of 99,585,283 barrels, giving an average for the month of 3.212 million barrels per day (bpd), down from the 3.438 million bpd exported in April.

These exports from the oilfields in central and southern Iraq amounted to 96,039,852 barrels, while exports from Kirkuk amounted to 3,545,431 barrels.

Revenues for the month were $2.092 billion at an average price of $21.005 per barrel.

April's export figures can be found here.

(Source: Ministry of Oil)

Oil Export Volumes Up in April

By John Lee.

Iraq's Ministry of Oil has announced oil exports for April of 103,144,911 barrels, giving an average for the month of 3.438 million barrels per day (bpd), slightly up from the 3.390 million bpd exported in March.

These exports from the oilfields in central and southern Iraq amounted to 100,532,427 barrels, while exports from Kirkuk amounted to 2,287,165 barrels. Exports to Jordan were 325,319 barrels.

Revenues for the month were $1.423 billion at an average price of $13.801 per barrel.

March export figures can be found here.

(Source: Ministry of Oil)