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Page 3 - Basrah Oil Terminal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Can Iraq Help Alleviate Oil Supply Issues and Stabilize the Market? | Hellenic Shipping News Worldwide

With Russian oil heading eastwards, the West is looking at all possible avenues to boost oil supply. To this extent, Iraq can, perhaps, play a major role. In its latest weekly report, shipbroker Gibson said that “whilst many members of the OPEC+ group are struggling to achieve its allotted output quota, one country that has .

Iraq s SOMO may sell spot Basrah Light cargoes in 2022 if local needs met | Hellenic Shipping News Worldwide

Iraq’s State Oil Marketing Organization may sell some spot cargoes of Basrah Light this year if the deepwater Khor al-Amaya terminal is re-opened and domestic refiners’ needs have been met, the marketer’s deputy director general told S&P Global Platts on Jan. 20. SOMO excluded Basrah Light, previously its main stream until the creation of Basrah .

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