06 Jan 2015
(MENAFN) Iraqi Oil Ministry announced that Iraq has exported 918.114 million barrels of oil in 2014, resulting in USD84.215 billion in revenue, Xinhua reported.
The Ministry said that the country’s monthly average of oil export was around 76.511 million barrels with an average of 2.450 million barrels per day (bpd), adding that a total of 30 foreign companies purchased the Iraqi crude oil, at a monthly average of revenue at USD7 billion.
Meanwhile, the ministry said that preliminary statistics showed that Iraq’s monthly oil export in December stood at 91.41 million barrels, which is the highest since 1980.
However, the revenue in December witnessed a drop despite the increase in production due to the continuous decline in oil prices, which is expected to affect the country economy since it relies on oil revenues for nearly 95 percent of its revenues.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more