Iraq exports over 500 million barrels in 5 months
Iraq's total oil exports in the first five months of 2025 were 507,699,760 barrels, or 101,539,932 barrels per month, according to figures provided by the State Oil Marketing Organization (SOMO).
Oil exported from oil fields in Basra and central Iraq, through southern Iraqi ports, reached 492,543,872 barrels, while the oil exported from the Qayyarah oil field in the northern Iraqi province of Nineveh totaled 4,745,590 barrels.
SOMO's statistics indicated that oil exports from Kirkuk to neighboring Jordan during the first five months of 2025 reached 1,649,316 barrels.
The country's financial revenues generated from oil exports between March and May reached $20.81 billion.
The majority of Iraq's oil exports go to China and India, followed by US companies.
Iraqi oil shipments fluctuated slightly in the first quarter of 2025, as the country stuck to previous OPEC+ production limits, despite a rise in export volumes during the first two months of the year.
Iraqi oil shipments declined dramatically around the end of 2024, notably in December and November, as a result of Baghdad's commitment to voluntary reductions under the OPEC+ agreement.
Experts anticipate Iraq's oil exports will gradually increase in the next months, with the OPEC+ group of eight members announcing the voluntary return of restricted supplies in April 2025.
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