Recent official data released by the State Organization for Marketing of Oil (SOMO) revealed that financial revenues from crude oil exports exceeded $37.38 billion, against shipments of more than 533.45 million barrels during the first nine months of the current year (January – September 2026).
"Eco Iraq," an observatory specializing in economic affairs, reported details of an official document addressed to the Iraqi Parliament detailing estimated revenues, actual funds transferred to government accounts, and the distribution of northern export shares.
Revenues and Financial Transfers to the Central Bank
The official statistics recorded the movement of funds generated from energy sales according to the following indicators:
Total Exported Quantities: 533,459,327 barrels.
Total Estimated Value: $37,388,384,828.
Amounts Deposited with the Central Bank of Iraq: $33,511,194,387.
Transparency Requirements and Revenue Auditing
The economic observatory stressed the importance of sustaining and expanding regular financial disclosure regarding oil sales and acquired revenues, noting that strengthening transparency and accountability principles remains the fundamental pillar for ensuring that total export volumes align with cash inflows entering the state’s public treasury.
