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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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    At less than $11 a barrel, Iraq reveals the average price of oil exported to Jordan in a month

    rocky
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    At less than $11 a barrel, Iraq reveals the average price of oil exported to Jordan in a month Empty At less than $11 a barrel, Iraq reveals the average price of oil exported to Jordan in a month

    Post by rocky Wed 02 Nov 2022, 5:15 am

    At less than $11 a barrel, Iraq reveals the average price of oil exported to Jordan in a month

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    Economy News-Baghdad
    The Iraqi Oil Marketing Company "SOMO" announced today, Tuesday, that the average price of crude oil exported to Jordan amounted to $77.33 last October.
    Thus, Iraq sold one barrel of crude oil to Jordan in October for less than $10.98 only, compared to the official selling price announced by the Ministry of Oil, which amounted to (88.31) dollars, according to the statistics issued by the ministry.
    Somo said in the latest statistics, that "the total oil exports to Jordan during the month of October amounted to 342 thousand and 800 barrels," noting that "the export rate amounted to 11 thousand barrels per day."
    Somo added that "the average price of a barrel sold to Jordan amounted to 77.33 dollars," noting that "the value of imports from Jordan's oil exports during one month amounted to 26 million and 508 thousand and 724 dollars."  
    In September 2021, Jordan had received shipments of oil under an agreement to purchase 10 thousand barrels per day of crude oil from the Kirkuk fields to meet part of the local demand, before stopping it in February 2022 as a result of the contract expiry to start again last April, to be stopped in August To return again last September.
    It is noteworthy that Iraq exports crude oil at preferential prices to Jordan via tanker trucks, at a rate of approximately 10,000 barrels per day.
    Yesterday, Monday, the Ministry of Oil announced the total oil exports and revenues achieved for the month of October, indicating that they amounted to (104) million (831) thousand and (120) barrels, with revenues of (9.258) billion dollars.


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    Added 11/02/2022 - 8:59 AM
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