Iraq June Oil Exports -4% On Month At 1.823 Million Bbl - Ministry

First Published Monday, 26 July 2010 02:01 pm - © 2010 Dow Jones

By Hassan Hafidh

Of DOW JONES NEWSWIRES

BAGHDAD -(Dow Jones)- Iraq exported 1.823 million barrels a day of crude oil in June, down 4% on the 1.9 million barrels a day exported in May, the Iraqi Oil Ministry said in a statement issued Monday.

Iraq exported in June an average of 1.44 million barrels a day from its southern terminals at the Gulf, compared with 1.46 million barrels a day in the previous month. Some 373,300 barrels a day were exported from its northern Kirkuk oil fields through the Turkish port of Ceyhan, compared with 430,000 barrels a day in May.

Some 10,000 barrels a day were shipped by trucks to Jordan, similar to the amount shipped the previous month.

Revenue from crude exports in June was $3.889 billion, compared with $4.340 billion in May, according to the Oil Ministry's statement.

Iraq exported crude at an average price of $71.10 a barrel in June, compared with $73.70 a barrel in May, the statement said.

-By Hassan Hafidh; Dow Jones Newswires; +962 799 831 831; hassan.hafidh@dowjones.com

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