Iraq's income from oil exports in 2022 increased by half
The average daily volume of oil exports from Iraq at the end of last year was 3.320 million bpd, according to the report of the Ministry of Oil of the Republic. According to the results of 2021, this indicator amounted to 3.277 million bpd. Thus, it increased by 1.3% for the year.
The total volume of oil exports from Iraq for 12 months was 1.209 billion barrels. Total revenue exceeded $115 billion, which is 52% or 1.5 times more than in 2021 - $75.65 billion.
Following the results of December, oil supplies from Iraq increased by 3.4% against November - up to 103.28 million barrels. In particular, 100.7 million barrels were exported from the oil fields in Central and Southern Iraq, and 2.23 million barrels were exported from the Kirkuk oil field in the northern part of the country through the port of Ceyhan.