VOL. XLIII
No. 25
19-June-2000
IRAQ
SOMO To Continue With Dated Brent Formula To Europe
MEES learns that Iraqs State Oil Marketing Organization (SOMO) will continue pricing its Kirkuk and Basrah Light crudes to Northwest Europe on the basis of Dated Brent-related formulas and not the Brent Weighted Dated Average (BWAVE) that has been adopted by Saudi Aramco and Kuwait Petroleum Corporation (KPC). SOMO argues that since it prices its crudes in the middle to the latter part of the month, it has...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!