Iraq's Oil Production Hits 108 Million Barrels in July

The Iraqi Oil Ministry detailed the exportation breakdown, stating that crude oil exportation and production in central and southern Iraq amounted to 106.1 million barrels in July.

Gas flare burned off at an oil facility in southern oil-rich Basra province, March 3, 2016. (Photo: Hussein Faleh/AFP)
Gas flare burned off at an oil facility in southern oil-rich Basra province, March 3, 2016. (Photo: Hussein Faleh/AFP)

ERBIL (Kurdistan24) – Iraq's oil exportation reached a significant milestone in July, with a total output of 108.5 million barrels, according to the latest figures released by the State Organization for Marketing of Oil (SOMO) on Thursday.

The Iraqi Oil Ministry detailed the exportation breakdown, stating that crude oil exportation and production in central and southern Iraq amounted to 106.1 million barrels in July.

Meanwhile, the Qayara Oil Field contributed 2.4 million barrels to the total output during the same month.

This exportation figure highlights the continued growth of Iraq's oil sector, despite ongoing challenges and fluctuations in the global oil market.

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