Iraq’s SOMO begins settling outstanding oil payments to Gulf Keystone at international prices
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Baghdad (IraqiNews.com) – Gulf Keystone Petroleum announced on Thursday that Iraq’s State Oil Marketing Organization (SOMO) has begun compensating international oil companies operating in Iraq’s Kurdistan Region for outstanding oil export payments, taking a significant step toward resolving financial disputes affecting the region’s oil industry.
The London-listed business said the first cargo of extra crude oil, known as top-up barrels, was recently lifted after SOMO a
The London-listed business said the first cargo of extra crude oil, known as top-up barrels, was recently lifted after SOMO a
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