The Iraqi oil exports brought in 8. 202 billion U.S. dollars revenues from selling 78.6 million barrels during November, an Iraqi Oil Ministry official said on Tuesday.

The average of the crude oil exports was 2.62 million barrels per day (bpd) for the month with an average selling price of 104. 35 dollars per barrel, the ministry spokesman Asim Jihad told reporters.

Iraq exported 2.194 million bpd through the southern port of Basra, and 426,000 bpd were exported via Turkey's port of Ceyhan on the Mediterranean Sea, Jihad said.

In October, Iraq exported a total of 81.3 million barrels of crude oil, bringing in revenues of 8.758 billion dollars.

Iraq is planning to double its oil production over the next three years, and has passed the production level of three million bpd for the first time in three decades.

The country depends on oil revenues for nearly 95 percent of its budget. In 2010, Iraq announced its proven oil reserves had increased to 143.1 billion barrels rising from the previous estimation of 115 billion barrels. Endi

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