The Iraqi Ministry of Oil Declares its Export for May 2014

The Iraqi ministry of oil announced its oil exports for the previous May 2014 according to the primary statistics of SOMO Company, which was (80.036) million barrels and their achieved outcome which is about (8.068) billion dollars, which was higher than the previous April In spite of the stoppage on Ceyhan – Kirkuk pipeline since March the 2nd, because of the continuous sabotage and terrorist operations. Mr. Assim Jihad, the spokesman of the ministry of oil shown that the exports & outcome for May from the southern ports was 2,582 million barrels/ day which is the highest since 2003. And the oil price was (100.080) dollars for the single barrel. Mr. Jihad said also that the above quantities was shipped by the different identities international companies to the ports of Basra and Khor Al-Amia and SPM from the Arab gulf. Iraqi Ministry of Oil