VOL. XLVI

No 23

9-June-2003

IRAQ

SOMO Tenders Storage Oil But No Regular Exports Until Early July As Looting Continues

Iraqs State Oil Marketing Organization (SOMO) announced on 5 June an open tender for the sale of 8mn barrels of Kirkuk from storage at the Ceyhan terminal and 2mn barrels of Basrah Light crude from storage in the south of the country, to be lifted in the 17-30 June period. However, MEES learns that regular oil exports are now not expected to restart until early July at the...