VOL. XLVI

No 33

18-August-2003

IRAQ

SOMO Signs More Basrah Light Contracts As Kirkuk Pumping Starts

Iraqs State Oil Marketing Organization (SOMO) signed new Basrah Light export contracts last week with Indias Reliance Petroleum, Japans Itochu and the US refiner Koch, and was in the process of finalizing a sales agreement with Indian Oil Corporation (IOC). Earlier, sales agreements were signed with ExxonMobil, Shell, Total, BP, Vitol, Valero, ChevronTexaco, Mitsubishi, Repsol YPF, Sinochem, and...