Iraqi oil exports up by 700,000 barrels in August

BAGHDAD / IraqiNews.com: Oil production during August was more than the previous month of July by 700,000 barrels, the Iraqi Ministry of Oil announced today.   The minstry’s spokesman Asim Jihad in a special statement to IraqiNews.com that the volume of oil exports during August last reached 67.9 million barrels compared to 67.2 in July.   He added the revenues reached 7.124 million dollars, with a cost of 104.9 dollars per barrel.   Oil exports from southern fields reached 53.6 million barrels, with a total revenues of 5.614 billion dollars, while Kirkuk exports reached to 14.3 million barrels, with a revenue of 1.510 billion dollars, he added.   Jihad elaborated that 28 international companies bought Iraqi oil during the last month.   RM (TS)/SR 469