Within Three Months, the Kurdistan Region Sold More Than 37 Million Barrels of Oil

Baghdad The global “Delot” company for financial services announced today, Saturday, that the Iraqi Kurdistan region’s exports of crude oil exceeded 37 million barrels, with revenues of more than 3 billion dollars.

The company published data on sales of Kurdistan region oil from the beginning of April until the end of last June, where 37 million and 618 thousand and 577 barrels of crude oil were sold through pipelines, for a selling price of $100 and 38 cents.

In return, the region sold 237,475 barrels of oil to local refineries for a selling price of $54.08.

According to the data, the total value of the oil sold in the three months amounted to 3 billion and 789 million and 290 thousand and 279 dollars, and the total income allocated to salaries amounted to one billion and 571 million and 985 thousand and 275 dollars.

The data issued by the company indicated that one billion and 695 thousand and 597 dollars were paid in financial dues and loans to the oil companies operating in the region, and the transportation and storage costs amounted to 584 million, 609 thousand and 407 dollars.

Source: National Iraqi News Agency