Iraq exported 3.2 million bpd in January, says oil ministry

Man looks at flames rising from oil refinery pipes in Basra, Iraq July 23, 2020. Picture taken July 23, 2020. (Reuters photo)

SULAIMANI (ESTA) — Iraq’s oil exports averaged 3.2 million barrels per day (bpd) in January, the country’s oil ministry said on Tuesday.

In a statement, the Iraqi oil ministry said it had exported more than 99 million barrels in January.

Exports from Iraq’s southern terminals reached more than 96 million barrels last month, the ministry added. More than two million barrels of oil were also exported from Kirkuk oilfields.

The country’s January revenue from oil increased to $8.27 billion with an average price per barrel of $83.246, according to the ministry.

Iraq sold its crude at an average price of more than $72 in December.

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