Middle East Economic Survey
VOL. XLVII
No 24
14-June-2004
IRAQ
SOMO Reiterates Oil Sales Policy As Reports Of Scam Oil Offers Rise
MEES learns that SOMO has reiterated its policy of only selling Basrah Light crude on term contracts at fixed monthly prices to reputable lifters and Kirkuk crude through public tenders, amid increasing reports that potential buyers have been contacted with fake offers of Iraqi barrels outside the SOMO sales structure. MEES understands that those who say they are...
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