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The Ministry of Oil Declares High Financial Outcome For August 2016.

Oil tankers dock at a floating plattform offshore from the southern Iraqi port city of Al Faw

The Iraqi ministry of oil declared its primary oil exports for the previous August 2016 which was higher than July according to the primary statistics of (SOMO) company.

Mr. Assim Jihad the spokesman of the ministry said that the exported oil quantities from the middle & southern fields for the previous August was (100.130.104) million barrels which was higher than the previous month, and the outcome was about (3.929.868) billion dollars.

He said also that the daily exportation average of July was (3.230.000) million barrels/ day. And there was no exportation from Ceyhan port because of the lack of commitment from the provincial government of Kurdistan with the oil agreement between the province & the federal government. He said also that the oil price for August was (39.248) dollars for the single barrel.

Source: Ministry of Oil , Date: 01-09-2016



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