Signing a local contract for transporting black oil[/rtl]
[rtl]Release date:: 2019/11/13 13:23 • 91 times read[/rtl]
Deputy Prime Minister for Energy and Oil Minister Thamer Ghadhban said the ministry is keen to support national companies and raise their performance and work to the ranks of international companies.
This came during his sponsorship of the signing ceremony of the contract for the transfer of black oil between the Iraqi Oil Marketing Company (SOMO) and the Iraqi Oil Tankers Company.
Ghadhban said on the sidelines of the signing ceremony, "It is a new beginning and a white page and an important step to support and develop the national carrier represented by the Iraqi National Tankers Company, and to strengthen the role of the Oil Marketing Company (SOMO), which is exclusively responsible for contracting operations and marketing of oil and petroleum products in accordance with the law and instructions in force, as well as maximizing "Financial revenues supporting the Federal Treasury.
He added that "the contract provides for the Iraqi Oil Marketing Company (SOMO) to conclude contracts for the marketing of black oil from refineries of the south (surplus), and the operations of the Iraqi oil tankers operations of transport, storage, loading and provision of tankers, the implementation of obligations towards contracts concluded by (SOMO) With international companies in accordance with government instructions, and to achieve the highest financial revenues, stressing the expected additional revenues of more than (700) million dollars annually.
The Deputy Prime Minister for Energy and Oil Minister predicted that the quantities of black oil produced from southern refineries will rise next year to more than 20,000 tons per day.
For his part, Director General of the Iraqi Oil Marketing Company (SOMO) Alaa Al-Yasiri said that this contract represents an important step to achieve additional revenues for the federal treasury, according to contracts and mechanisms established with international companies, while the Iraqi Oil Tankers Company transport operations from Shuaiba Refinery to the port and Then unloading in a large tanker is a large reservoir in international waters, and then loaded to international companies contracted with (SOMO).
For his part, said the Director General of the Iraqi Oil Tankers Agency Ali Qais that "this contract represents an important start to re-activity of the Iraqi national carrier represented by the company, and work to upgrade its work and development and expand its activity according to plans prepared for it."
Ministry spokesman Asim Jihad revealed that the Iraqi Oil Marketing Company (SOMO) to conclude new contracts soon for the transportation of petroleum products with both the shipping company and the land transport company, a form of the Ministry of Transport.
Jihad added that this comes in an effort by the ministry to support, support and develop national companies and enhance their financial revenues.
[You must be registered and logged in to see this link.]