Iraq's oil exports hit over 100 mln barrels in July


(MENAFN- Kuwait News Agency (KUNA)) BAGHDAD, Aug 1 (KUNA) -- Iraq exported more than 100 million barrels of oil on July, through the State Organization for Marketing of Oil (SOMO), an Iraqi national company responsible for marketing the oil, with total revenues of USD 4.3 billion, Iraqi Oil Ministry said on Tuesday.

The daily oil export reached 3.2 million barrels daily, with an average price of USD 43.798 per barrel, a statement by the Iraqi Oil Ministry said.

The statement added that all exported oil came out of the country's central and south fields, pointing out that Kirkuk's oilfield exports were not recorded.

In June, Iraq exported more than 98 million barrels of oil, with a daily average of 3.2 million barrel. (end) ohh.mys

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