$83 billion; Iraq’s oil revenues in 2011

[Stillw8n]

$83 billion; Iraq’s oil revenues in 2011

Declared Iraqi oil marketing company (SOMO), Monday, the Statistics Iraqi oil production during 2011, noting that export earnings amounted to about $ 83 billion for the whole year.

The head of the Iraqi Oil Marketing Company (SOMO), Falah al-Amiri said that “export revenues amounted to about $ 83 billion for the whole year.”

And the oil wells are usually vulnerable to armed activities, often lead to major damage, some of which stop in oil exports, while the back of the Directorate General of Oil Police, Interior Ministry’s reasons for these operations to the small number of guards and the lack of the Directorate to the new technologies, as promised to the losses of such explosions equivalent to its annual budget.

He Amery that “the average Iraqi oil exports amounted to 2.165 million barrels per day last year, while the average sale price of $ 104.90 a barrel.”

It is said that the Commission on Security and Defence revealed to “Twilight News” last October about plans for groups armed to target pipelines carrying Iraqi oil, pointing out that the system intelligence does not have the ability to provide information proactively to reduce the recurrence of security breaches.

As revealed Director General of Police Major General protection of oil Abdullah Ibrahim in a statement received for the “Twilight News”, about starting a plan for the protection of oil pipelines through the air, pointing to the existence of formal correspondences with the concerned authorities for the supervision of his Directorate on all these flights.

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