INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Iraq exported oil worth $7 billion in December

Iraq exported oil worth $7 billion in December.
  • The additional revenues of $143 million were achieved from selling quantities of shipments of exported crude oil at a price premium
  • The exported quantities were loaded by 29 international companies from ports of Basra, Khor al-Amiyah, mono-buoys on the Gulf, and the Turkish port of Ceyhan

The Iraqi Ministry of Oil said on Monday, that oil export revenues for December amounted to more than 7 billion dollars. 

“According to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the amount of exports of crude oil amounted to (101) million and (579) thousand and (927) barrels, with revenues amounting to (7) billion (391) million and (749) thousand dollars (sic),” the ministry’s media office said in a statement.    

The statement added that the additional revenues were achieved from selling quantities of shipments of exported crude oil at a price premium, as the total revenue amounted to $143 million.

 “The exported quantities were loaded by 29 international companies of different nationalities, from ports Basra, Khor al-Amiyah, mono-buoys on the Gulf, and the Turkish port of Ceyhan,” the statement said.