2021: Kirkuk pumped 35 million barrels for $2.4 billion

Kirkuk, 2014: The North Oil Company that supervises the five oil fields of Kirkuk province. Kirkuk Now

By KirkukNow in Kirkuk

The Northern oil-rich city of Kirkuk has exported over 35 million barrels of crude oil, generating 2.4 billion American Dollars for national budget which exceeded exports and revenues in the last two years.

The figures by Iraqi ministry of oil and state-run State Oil Marketing Organization SOMO show that Kirkuk has exported 35,580,218,000 barrels of crude oil via Ceyhan port in Turkey, making 2,374,076,000 USD.  

In 2020, Kirkuk has pumped 33 billion barrels for 1.2 billion USD compared to 33 barrels for 2 billion USD in 2019

Kirkuk hit peak of its production in February when it has pumped 3,8 million barrels for $213M, the highest production capacity in 2021 while the lowest was in November when it has dropped to two million barrels only with revenues exceeding 150 million USD.

Early 2020, Kirkuk was exporting only 1,1 million barrels exported to the Turkish Mediterranean port of Ceyhan by a pipeline crossing Iraqi Kurdistan.

Kirkuk, Iraq’s second largest reserves, located 238 kilometers north of Baghdad, is an ethnically mixed province for 1,7 million Kurds, Arabs, and Turkmens. It has long been at the center of disputes between Baghdad and the Erbil.

There are five major oil producing fields in Kirkuk, Avana, Bai Hassan, Qubbat Baba, Jambour and Khabaza, which are supervised by the Iraqi government's North Oil Company.

Kirkuk oil exports stopped from July 2017 to first quarter of 2019 due to a standoff between the Iraqi government and Kurdistan regional Government KRG. Iraqi forces took over power in Kirkuk in October 2017, the federal government has controlled the five oil fields of Kirkuk.

The Iraqi Oil Ministry announced that Iraq and Turkey are going to reopen the 970-kilometer-long pipeline that transports Iraqi crude from Kirkuk to export facilities in Ceyhan on the Mediterranean coast.

Iraq’s oil reserves are considered the world's fifth-largest with 140 billion barrels.

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