VOL. XLIII
No. 47
20-November-2000
IRAQ
SOMOs Customers In Turmoil Over New Premium
The following is the text of the MEES News Flash released on 15 November:
MEES learns that Iraqs State Oil Marketing Organization (SOMO) has asked its customers to start paying a premium of 50 cents/B over the official selling price (OSP) into a designated account outside the control of the United Nations beginning 1 December and has said that any company refusing to do so will lose the volume of oil allotted to it....
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!