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The Iraqi oil ministry has said the country has made $4.23bn in revenues from exporting 57.9 million barrels of crude oil last February at the price of $73 a barrel, Aswat al-Iraq has reported. A total of 45.2 million barrels have been exported from Basra oilfields and 12.7 million barrels from Kirkuk, the ministry said.

Iraq: The Iraqi oil ministry has said the country has made $4.23bn in revenues from exporting 57.9 million barrels of crude oil last February at the price of $73 a barrel, Aswat al-Iraq has reported. A total of 45.2 million barrels have been exported from Basra oilfields and 12.7 million barrels from Kirkuk, the ministry said. [AMEInfo.com]

by Faleh Al-Khayat, oil expert. This speech was a part of Occupation Year 7: What future for Iraq?, a series of events organized by The BRussells Tribunal, and took place in the European Parliament, 18 March 2009, in Brussels



Iraq: The Iraqi oil ministry will today sign the final contract over West al-Qarna-2 oilfield with Russia’s Lukoil and Norway’s Statoil, Aswat al-Iraq has reported. “The two companies pledged to up production to a peak of 1.8 million barrels per day at a rate of $1.15 per barrel of additional produced barrel,” oil ministry spokesman, Assem Jihad said. Located in southern Iraq, Qarna-2 has a huge reserve estimated to reach 13 billion barrels. [AMEInfo.com]

The Iraqi oil ministry will today sign the final contract over West al-Qarna-2 oilfield with Russia’s Lukoil and Norway’s Statoil, Aswat al-Iraq has reported. “The two companies pledged to up production to a peak of 1.8 million barrels per day at a rate of $1.15 per barrel of additional produced barrel,” oil ministry spokesman, Assem Jihad said. Located in southern Iraq, Qarna-2 has a huge reserve estimated to reach 13 billion barrels.

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