Iraq's oil exports exceed 105 million barrels in August 2024
2024-09-26 14:50:06 - From: Shafaq News
Shafaq News / Iraq's total oilexports for August 2024 surpassed 105 million barrels, the Iraqi Ministry ofOil reported on Thursday.
According to a statement from theministry, the final statistics issued by the State Organization for Marketingof Oil (SOMO) revealed total crude oil exports reached 105,845,599 barrels.
The data showed that “crude oilexports from central and southern Iraq in August totaled 105,559,525 barrels.”
“Exports to Jordan reached 286,074barrels.”
Iraq, OPEC's second-largestproducer, relies on oil exports for more than 92% of its state budget,exporting 60% of its crude oil to Asia, 25% to Europe, and 15% to the US.
