Middle East Economic Survey

VOL. L

No 4

22-Jan-2007

IRAQ

SOMO Awards European Refiners Kirkuk Crude

Iraqs State Oil Marketing Organization (SOMO) awarded 1mn barrels of Kirkuk each to Total, Cepsa and Italys ERG for lifting before the end of the month, following the tender which closed on 12 January (MEES, 15 January). Iraqs exports of Kirkuk crude through the northern pipeline system have been intermittent due to persistent insurgent attacks on the pipeline. The tender is the sixth since June...