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Iraq Ministry of Oil News: The Iraqi Ministry of Oil Declares its final Export for May 2016

Mr. Assim Jihad the spokesman of the ministry said that the exported oil quantities for the previous May from the middle & southern ports was (99.200) million barrels

   The Iraqi ministry of oil declared its oil exports for the previous May 2016 according to the final statistics of (SOMO) company.

   Mr. Assim Jihad the spokesman of the ministry said that the exported oil quantities for the previous May from the middle & southern ports was (99.200) million barrels and their outcome was (3.748) billion dollars. He said also that the exportation was from the middle and the southern ports and the SPM’s. While there was no exportation from Ceyhan port because of the lack of commitment by Kurdistan province with the oil agreement between them and the federal government.

   Mr. Jihad also that the oil price for the previous February was (37.782) dollars. He said also that the above quantities were shipped by 33 multinational companies to the ports of Basra and Khor Al-Amia and SPM from the Arab gulf.

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