BAGHDAD Iraq's Oil Ministry says crude exports averaged 2.596 million barrels a day in February, far from levels planned to provide the nation with badly needed cash for ongoing military operations against Islamic State extremists.
Ministry spokesman Assem Jihad said on Wednesday the exports grossed about $3.402 billion, based on an average price of $46.795 per barrel. Iraq's 2015 budget is based on an expected price of $56 per barrel with a daily export capacity of 3.3 million.
January's daily exports averaged 2.535 million barrels, bringing that month's revenues to $3.258 billion.
Jihad blamed bad weather in the country's southern facilities on the Persian Gulf for the exports' dip.
Iraq holds the world's fourth largest oil reserves, some 143.1 billion barrels. Oil revenues make up nearly 95 percent of Iraq's budget.
The rest is here:
Iraq's oil exports in February were below planned, depriving nation of funds for IS fight
IRAQ MIND CONTROL NOT JUST WEST
News, views, amazing things!
By: JUNGLE SURFER
Link:
IRAQ MIND CONTROL NOT JUST WEST - Video
Saudi Invites Iraq #39;s Abadi to Visit in Big Sign of Thaw
For more WORLD NEWS "SUBSCRIBE" US BAGHDAD: Saudi Arabia #39;s King Salman has invited Iraqi Prime Minister Haidar al-Abadi to visit the kingdom, Abadi #39;s office said today, in the biggest sign...
By: World News Channel
Read the rest here:
Saudi Invites Iraq's Abadi to Visit in Big Sign of Thaw - Video
CIA #39;S Brennan: Islamic State #39;s Momentum Blunted in Syria, Iraq
CIA Director John Brennan said on Sunday, the momentum of Islamic State in Iraq and Syria has been blunted and the extremist group is not "on the march" as it was previously. The United States...
By: Nirvana News
Read more here:
CIA'S Brennan: Islamic State's Momentum Blunted in Syria, Iraq - Video
THIS IS NOT IRAQ THIS IS KURDISTAN
my first project using AE adobe after effects this is kurdistan not iraq all orginal thanks for everyone who support me on this this is just the beginning .... soon will be better and...
By: kurdish youtube
Link:
THIS IS NOT IRAQ THIS IS KURDISTAN - Video