FINANCIAL NEWS

Iraqi oil export revenues reach $4b in April

19 May 2010

(MENAFN) Iraqi Oil Ministry spokesman Essam Jihad said that Iraq?s revenues from oil exports in April have reached more than $4 billion after exporting 53 million barrels, Reuters reported.

He pointed out that the volume of exports from the Basra oil reached 42.700 million barrels, recorded revenues of $3.386 billion. The exported quantities of crude oil from Kirkuk, amounted to 10 million barrels, and their revenues $836 million.

He also said that Iraq had achieved $4.351 billion from exporting 57.1 million barrels last March.

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