Crude oil exports from the Kirkuk oilfields to Turkey have fallen last month to 2 million 579 thousand barrels with the average price put at US$ 57 per barrel.
The new figures published by the Iraqi oil ministry based on preliminary statistics of the Iraqi oil marketing company indicated that overall exports from the country’s oilfields reached 106 million barrels with total revenues of US$ 6 billion.
The spokesman to the Iraqi oil ministry Asim Jihad said that the total exports of crude oil during October 2019 from the fields of Kirkuk through Turkey’s Ceyhan port reached 2 million and 579 thousand and 837 barrels at a rate of 83 thousand barrels per day.
According to statistics by the oil ministry, 3 million and 166 thousand barrels of crude oil were exported from Kirkuk in the previous month.
Recently, the Iraqi oil ministry unveiled a plan to increase the production of crude oil in Kirkuk to 1 million barrels per day.
Oil exports from Kirkuk’s five main fields resumed in November 2018 after more than a year after exports were halted over tensions between the federal government and the Kurdistan Regional Government (KRG).
The oil fields of Havana and Bay Hassan which were under the control of the KRG before the October 16, 2017 events were producing 250 barrels per day, while the Baba Gurgur, Jambur and Khabaza oilfields were run by the Iraqi government.
The Iraqi federal government retook control of Kirkuk and other disputed territories following a military operation launched in October 2017 as a repercussion of a referendum on independence for the Kurdistan region of Iraq.