BAGHDAD, Jan. 25 (Xinhua) -- Iraq said that its oil exports reached 56.2 million barrels in December last year, an Oil Ministry statement said on Sunday.
According to the statement, 43.4 million barrels were exported through Basra terminals in the Gulf, while 12.8 million barrels were exported through Turkey's port of Ceyhan, adding the oil was purchased by 23 international oil companies.
The statement, meanwhile, showed that the month's revenues from the country's crude oil exports were about 1.943 billion dollars, with an average price of about 34.57 per barrel.
However, the revenues from December were fallen from 2.299 billion dollars in November, when the average of the oil price was about 43.54 a barrel.
Iraq oil reserve is reportedly to be the world's third-largest, which needs billions of dollars investment to overhaul its oil industry infrastructure and increase oil and gas output after 13 years of sanctions and war.
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