Kirkuk's crude oil exports to Turkey and Jordan boosted last May, earning more than $369 million American dollars for 3.2 million barrells.
According to the Oil Ministry and the State Oil Marketing Organization (SOMO), crude oil exports from the country's fields reached 102.3 million barrels in May, earning $ 11.4 billion.
Iraqi crude oil was trading at over $111 per barrel.
In May, 3.2133 million barrels of oil were exported from Kirkuk oil fields to the world via Ceyhan port in Turkey for $335 million, while about 354,000 barrels were exported by tankers to Jordan for $34 million.
In April 2022, Kirkuk exported 2,991,060 barrels of oil, generating more than $ 304 million, while more than 299 thousand barrels were exported to Jordan by tanker with a revenue of more than $ 26 million.
However, exports were almost half, 1.448 million barrels in March, more than 1.475 million barrels in February and more than 2.5 million barrels last December.
There are five oil fields in Kirkuk province: Avana, Bay Hassan, Baba Dome, Jambur and Khabaza are under the control of the Iraqi government's Northern Oil Company.
The Iraqi federal government is preparing to double the capacity of crude oil exports from Kirkuk oil fields Ceyhan Turkish port, according to sources at the state-run Northern Oil Company.
The production capacity of Kirkuk's oil fields currently is 325,000 barrels per day, the source said, although in 2019, the Oil Ministry announced a plan to increase the province's crude oil production to 1 million barrels per day, part of it exported and the rest for local consumption.
Kirkuk, Iraq’s second largest oil 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.
