VOL. XLIII

No. 51

18-December-2000

IRAQ

Confusion Surrounds Iraqi Oil Exports With Mixed Signals About New Surcharge

Iraqi oil exports from Mina al-Bakr in the northern Gulf resumed on 13 December after a 12-day break caused by the refusal of buyers to pay a 50 cents/B surcharge demanded by the State Oil Marketing Organization (SOMO MEES, 11 December). By MEES press-time, four tankers had docked at Mina al-Bakr, of which two reportedly had completed loading Basrah Light crude and two were still...