【international news】Iraq in November crude oil export income of more than $8200000000

    Xinhuanet.com Baghdad on 4 December, (reporter Wang Hongbin Zhang Ning) Iraqi oil ministry announced 4 data display, Iraq in November a total of 78600000 barrels of crude oil exports, has $8202000000 in revenue, two data were decreased.

    Oil Ministry spokesman Asim Jihad in a statement issued the same day in Iraq said, last month daily average of 2620000 barrels of crude oil exports, with an average of $104.35 a barrel sold. All crude oil exports in November, 65820000 barrels through the southern port city of Basra export, the remaining 12780000 barrels of oil pipeline in northern Iraq through exports to Turkey port of ceyhan.

    Iraq in October a total of 81300000 barrels of crude oil exports, has $8578000000 in revenue.

    Iraq has proven oil reserves of about 115000000000 barrels, accounting for 10% of total global reserves, second only to Saudi Arabia and Iran, ranking third in the world. Iraq's oil export revenues accounted for 95% of national financial income, in recent years the government of Iraq has been working to improve the amount of crude oil exports to increase income.

    The International Energy Agency released the latest "Iraq Energy Outlook report" shows that in 2020, Iraq oil output from the current 3000000 barrels a day to 6100000 barrels, to 8300000 barrels by 2035. In 2030, Iraq is expected to replace Russia to become the world's second largest oil exporter after Saudi arabia.