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According to a report from Arab News on June 2, Iraq’s Ministry of Energy stated on its website that Iraq’s oil revenue in May was approximately US$5.
In May, the country’s exports were the same as the previous month, at 2.
Iraq said in May that Exxon Mobil was seeking to sell its 32.
The American company plans to sell shares in this important oil field, partly to reduce the debt accumulated over the past year.
Wang Jiajing excerpted and translated from Arab News
The original text is as follows:
Iraq posts $5.
Iraq generated oil revenues of about $5.
May's exports were flat on the previous month at 2.
Iraq said last month that ExxonMobil was seeking to sell its 32.
The US company plans to sell the stake in the prominent field-which has recoverable reserves of more than 20 billion barrels-in part to reduce the accumulated debt in the past year.