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SOMO warns Int’l Companies not to buy Oil from KRG

By John Lee. Iraq’s State Oil Marketing Organization (SOMO) has announced that it had taken “marketing measures” and informed all international companies not to buy crude oil from the Kurdistan Region of Iraq (KRI). SOMO Director, Alaa Al-Yasiri, also told the state-run Iraqi News Agency (INA): “The Federal Court issued a decision stipulating the invalidity […]

The post SOMO warns Int’l Companies not to buy Oil from KRG first appeared on Iraq Business News.

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KRG Condemns SOMO Threats to Buyers of Kurdish Crude Oil

From the Kurdistan Regional Government: The Kurdistan Regional Government strongly condemns the letter issued on 23 August 2022, by Iraq’s State Oil Marketing Organization (SOMO) that threatens legal action against buyers and traders of crude oil produced in the Kurdistan Region. SOMO’s letter is nothing more than another drip in a stream of disinformation published […]

The post KRG Condemns SOMO Threats to Buyers of Kurdish Crude Oil first appeared on Iraq Business News.

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