No 48



SOMO Plans Basrah Light Exports Of 1.75Mn B/D In 1H2004

Iraq Oil Marketing Company (SOMO) rolled over to end-June 2004 the Basrah Light term contracts with end-users and trading firms that are currently in existence, with the aim of raising exports in the next few months to an average of around 1.75mn b/d, compared to Basrah Light exports during the first three weeks of November of over 1.60mn b/d, MEES learns. The volumes assigned to the clients vary between...