SOMO exports in Asia

Iraq signed long-term contracts to supply crude oil to large Indian energy companies including Reliance.  The head of State Organization for Marketing of Oil “SOMO” declared that Iraq remains one of the largest suppliers of crude oil to India in 2018.

The company also signed a profit sharing agreement with China’s “Zhenhua” to help marketing Iraqi crude for the Chinese refineries, Al-Yasery added.

He also pointed out that the Iraqi Oil Ministry will soon select four local shipping companies to begin initial transporting of 40,000 barrels/day to Iran.

Arnaud Lefevre

Arnaud Lefevre

Arnaud Lefevre is the Chief Executive Officer of Dynatom International. Arnaud is in charge of the international development of the business portfolio.
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Don’t Stop Here

Scroll to Top