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Shafaq News/ Iraq exported more than one billion dollars for three oil products during the first quarter of 2023, according to the Oil Marketing Company "SOMO".
"SOMO" said, according to a table seen by Shafaq News, that "Iraq exported, during the quarter of the year 2023, three oil derivatives at an amount of one billion and 113 million, 220 thousand and 43 dollars, with a quantity of two million, 636 thousand and 736 tons."
He added that the quantity of derivatives exported from natural gasoline amounted to 3 thousand and 191 tons at an amount of one million and 769 thousand and 453 dollars, while the exported derivatives of "naphtha" amounted to 317 thousand and 825 tons at an amount of 148 million and 205 thousand and 865 dollars.
It added that "the quantity of Iraq's exports of 'fuel oil' amounted to 2,315,720 tons, at an amount of 927,244,725 dollars."
Iraq exports some oil derivatives, such as regular gasoline, and imports the improved one.
Rather, it is a mixture of several types. The types of naphtha are divided into two parts: light naphtha and heavy naphtha. It is used primarily in the production of motor gasoline and is also used in chemical industries such as the preparation of ethylene and propylene. These products are used in the manufacture of plastics such as polyethylene and polypropylene.
As for fuel oil, it is one of the fractions resulting from the process of fractional distillation of crude oil. In general, it is any heavy liquid petroleum product that is burned in a furnace or boiler to generate heat or to generate electrical or driving power.
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