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Iraq raises the price of its oil exported to Jordan
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Shafaq News/ The Iraqi Oil Marketing Company "SOMO" announced on Sunday that the average price of crude oil exported to Jordan rose to more than 107 dollars per barrel during the month of June, after starting for the third month in a row to export oil to this neighboring country during the current year. .
Thus, Iraq has sold one barrel of crude oil to Jordan for less than 6 dollars only, compared to the official selling price announced by the Ministry of Oil, which amounts to more than (113.70) dollars, according to the statistics issued by the ministry, after it sold at a price less than 15 dollars than the official price. during the month of May.
Somo said in a statistic on its website and seen by Shafak News Agency, that "the total oil exports to Jordan during the month of June amounted to 299,760 barrels," noting that "the export rate amounted to 10 thousand barrels per day."
The company added that "the average price of a barrel sold to Jordan amounted to 107.70 dollars," noting that "the value of imports from Jordan's oil exports during one month amounted to 32 million and 284 thousand and 152 dollars."
In September 2021, Jordan received oil shipments under an agreement to purchase 10 thousand barrels per day of crude oil from the Kirkuk fields to meet part of the domestic demand, before stopping it in February 2022 as a result of the contract expiry, to start again last April.
It is noteworthy that Iraq exports crude oil at preferential prices to Jordan via tanker trucks, at an approximate rate of 10,000 barrels per day.
On Friday, the Ministry of Oil announced the total oil exports and revenues achieved for the month of June, indicating that they amounted to 101 million, and (191) thousand, and (236) barrels, with revenues of (11.505) billion dollars.
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Thus, Iraq has sold one barrel of crude oil to Jordan for less than 6 dollars only, compared to the official selling price announced by the Ministry of Oil, which amounts to more than (113.70) dollars, according to the statistics issued by the ministry, after it sold at a price less than 15 dollars than the official price. during the month of May.
Somo said in a statistic on its website and seen by Shafak News Agency, that "the total oil exports to Jordan during the month of June amounted to 299,760 barrels," noting that "the export rate amounted to 10 thousand barrels per day."
The company added that "the average price of a barrel sold to Jordan amounted to 107.70 dollars," noting that "the value of imports from Jordan's oil exports during one month amounted to 32 million and 284 thousand and 152 dollars."
In September 2021, Jordan received oil shipments under an agreement to purchase 10 thousand barrels per day of crude oil from the Kirkuk fields to meet part of the domestic demand, before stopping it in February 2022 as a result of the contract expiry, to start again last April.
It is noteworthy that Iraq exports crude oil at preferential prices to Jordan via tanker trucks, at an approximate rate of 10,000 barrels per day.
On Friday, the Ministry of Oil announced the total oil exports and revenues achieved for the month of June, indicating that they amounted to 101 million, and (191) thousand, and (236) barrels, with revenues of (11.505) billion dollars.
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