Iraq’s oil exports rise to 2.868 million bpd in January, says oil ministry

A worker walks at Nahr Bin Umar oil field, north of Basra, Iraq December 21, 2015. (Reuters)

SULAIMANI (ESTA) — Iraqi oil exports rose to 2.868 million barrels per day (bpd) in January from 2.846 million the previous month, the oil ministry said on Monday.

In a statement, the Iraqi ministry of oil said it had exported 88,922,697 million barrels in January, generating more than $4.739 billion.

It added that exports from Iraq’s southern Basra terminals had reached 2.77 million bpd in January, up from 2.75 million bpd the month before.

Shipments from Kirkuk through Turkey’s Ceyhan port averaged 98,000 bpd last month, the statement read.

Iraq sold its crude at an average price per barrel of $53.294, the ministry said.

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