Iraq's oil ministry said Saturday that the country's average oil exports were 3.255 million barrels per day (bpd) in March.
Iraq exported 3.295 million barrels per day in the previous month.
The Ministry of Oil stated in a statement that Iraq's revenue in March was $7.4 billion at an average price per barrel of $73.37.
The Iraqi Government is about to reach an agreement with the Kurdistan Regional Government for the resumption of oil exports from the North after it stopped for about a week following Baghdad's victory in an international arbitration case against Turkey.
Turkey halted the flow of oil through the pipeline from the Kirkuk fields in the Northern Territory to the port of Ceyhan on 25 March, after it lost a claim filed by Baghdad before the International Chamber of Commerce's arbitral tribunal.
The quantities flowing through the pipeline to the Turkish port of Ceyhan are not oil supply, which is about 450 thousand barrels per day, is only about 0.5 percent of the world's oil supply. But the halt that forced oil companies operating in the region to halt production or transfer it to fast-filling storage tanks, Last week contributed to raising oil prices to nearly $80 a barrel.
