A senior Iraqi oil official says the country’s crude oil exports in February reached their highest level since the 2003 U.S.-led invasion, The Associated Press reports.
Falah al-Amiri, the head of the state oil marketing organization, said on Tuesday that the oil exports averaged 2.202 million barrels a day. In January, Iraq’s export averaged 2.161 barrels a day.
Al-Amiri told The Associated Press that the achieved price for per barrel ranged between $97-98, making revenues exceed $6 billion for February.
Iraq has struggled to raise oil exports, which account for 95 percent of its revenues, hampered by aging infrastructure, the effect of years of sanctions and periodic attacks on pipelines following 2003 invasion.
