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[size=30]A platform that reveals “unreasonable” numbers for Iraq's oil exports during 2022...and the secret?
2023-02-26
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Yes Iraq: Baghdad
A specialized platform dealt with the rate of Iraq's exports of crude oil during the year 2022 compared to 2021, while it revealed that Iraq's exports had reached 3.8 million barrels per day in some months.
The energy platform said that the average Iraqi exports of crude oil to the global market are about 3.7 million barrels per day in 2022, compared to 3.43 million barrels per day in 2021.
And the month of April 2022 recorded the highest amount of Iraqi oil exports during the past year, amounting to 3.83 million barrels per day, then October, with a quantity that reached 3.76 million barrels per day.
While last March witnessed the lowest level of Iraqi oil exports during the past year, at about 3.6 million barrels per day, followed by January, at about 3.62 million barrels per day.
Iraq's revenues from oil exports jumped over the past year to $115.4 billion, compared to $75.7 billion in 2021.
Returning to SOMO statistics, the highest export rate was in the month of October, amounting to 104.8 million barrels, which means a daily export rate of 3.38 million barrels per day.
And by comparing it with the figures of the energy platform, it becomes clear how different the information is, as the highest amount of exports was in April, according to it, and amounted to 3.83 million barrels per day. However, in fact, the highest export rate to Iraq was in October, at 3.38 million barrels per day.
To disentangle the reason for this discrepancy, it seems that the energy platform talks about Iraq's oil exports as a whole, including those of the Kurdistan region.
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