BAGHDAD: Iraq’s total oil exports for July averaged 2.763 million barrels per day (bpd), the oil ministry said in a statement on Saturday.
The exports included 2.668 million bpd from its southern Basra oilfields, it said, adding that total exports generated $3.487 billion of revenue. The oil price per barrel averaged $40.70.
Iraq which relies almost entirely on oil for state revenue has been hit hard by low oil prices during the coronavirus crisis and has cut exports in line with OPEC production cuts.
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Iraq’s oil exports average 2.76 mln bpd in July, says ministry
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Iraq’s oil exports average 2.76 mln bpd in July, says ministry
- The exports included 2.668 million bpd from its southern Basra oilfields
- Iraq which relies almost entirely on oil for state revenue has been hit hard by low oil prices during the coronavirus crisis and has cut exports in line with OPEC production cuts
DP World announces new leadership appointments
DUBAI: DP World announced the appointment of Essa Kazim as Chairman of its Board of Directors and the appointment of Yuvraj Narayan as Group Chief Executive Officer.
Essa Kazim currently serves as Governor of the Dubai International Financial Centre and Chairman of Borse Dubai. He brings extensive experience in financial and economic affairs, having previously held senior leadership positions in several national institutions.
Yuvraj Narayan has extensive professional experience in financial management, corporate finance, supply chains, and global trade. Since joining DP World in 2004, he has led a number of strategic and transformational initiatives that supported the company’s expansion across international markets and strengthened its role as an integrated global provider of end-to-end supply chain solutions.
Narayan has served as Group Chief Financial Officer since 2005, contributing to the company’s financial resilience and operational efficiency.
DP World affirmed that the new appointments support its strategy for sustainable growth and reinforce its role in strengthening global supply chains and supporting Dubai’s position as a leading hub for trade and logistics.
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