Iraq approaches French entities on supplying more crude to Europe
May 31, 2022 Comments Off
Iraq’s state oil marketer SOMO has approached French traders about the possibility of supplying Europe with crude, its director general said May 31, as the EU seeks to implement a ban on Russian seaborne imports. SOMO still aims to maintain its key supply contracts with Indian and Chinese state customers, who have signed long-term contracts, and Iraq cannot afford to…
Iraq approaches French entities on supplying more crude to Europe
Iraq’s state oil marketer SOMO has approached French traders about the possibility of supplying Europe with crude, its director general said May 31, as the EU seeks to implement a ban on Russian seaborne imports. SOMO still aims to maintain its key supply contracts with Indian and Chinese state customers, who have signed long-term contracts, and Iraq cannot afford to…
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