The Associated Press' Sinan Salaheddin went through Iraqi Oil Ministry's records and found that the country's oil revenues dropped by 57.6 percent and exports by about 100,000 barrels a day in the first quarter of 2009 compared with the same period of 2008.
The revenues in the first three months of this year stood at about US$6.57 billion, with an average daily export level slightly over 1.8 million barrels.While the same period in 2008 witnessed US$15.49 billion in revenues and oil exports level was just over 1.9 million barrels a day, the records show.
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The revenues in the first three months of this year stood at about US$6.57 billion, with an average daily export level slightly over 1.8 million barrels.While the same period in 2008 witnessed US$15.49 billion in revenues and oil exports level was just over 1.9 million barrels a day, the records show.
kassakhoon@gmail.com