Kuwait Energy inks Iraq’s Block 9 oil deal

Kuwait-Mubasher: Kuwait Energy announced the signing of Iraq's Block 9 export oil sales agreement, according to Kuwait News Agency (KUNA).

The deal was signed by a consortium led by Kuwait Energy and the State Oil Marketing Company (SOMO), an Iraqi national company responsible for marketing Iraqآ’s oil.

“The Agreement with SOMO will enable allocation of crude cargoes to be sold in compensation for the services the consortium is rendering in Block-9,” KUNA said.

 

Mubasher Contribution Time: 10-Apr-2016 14:13 (GMT)
Mubasher Last Update Time: 10-Apr-2016 14:13 (GMT)