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[size=36]Plans and strategies.. Iraq seeks to sell its oil share in the European market[/size]
Economie| 06:41 - 03/11/2022
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Baghdad - Mawazine News
, Head of the National Oil Marketing Company (SOMO), Alaa Al-Yasiri, confirmed today, Thursday, the company's efforts to expand Iraq's share in the European market, and implement a strategy to open new markets for Iraqi crude oils, noting that Iraq scored advanced ranks in oil marketing in Asia.
Al-Yasiri said, "The work mechanisms of the Oil Marketing Company are focused on ensuring the preservation of the marketing shares of Iraqi crude oils in the most important global crude oil markets, such as Asia, America and Europe. The efforts of this company have resulted in registering advanced ranks as the largest suppliers of crude oil to the most important consuming countries, especially in the Asian market." vital and promising, and according to the testimony of specialized and accredited international websites in this field.”
He added, "The company, as part of its marketing strategy, has been studying all possibilities and means available to expand the current marketing shares and potential opportunities, and is currently working to expand its share in the European market, investing in the decline of Russian imports to this region and its need to provide alternatives."
He continued, "SOMO is working diligently and continuously to open new and stable markets for Iraqi crude oils, and the implementation of these strategies is done through careful and continuous monitoring of the global oil market and attendance at international conferences with the aim of meeting as many companies as possible to introduce Iraqi crude oils in terms of quality and logistics, and to display the advantages that it enjoys." It is applied to these companies to try to attract them and start trading with them.” Ended 29 /
, Head of the National Oil Marketing Company (SOMO), Alaa Al-Yasiri, confirmed today, Thursday, the company's efforts to expand Iraq's share in the European market, and implement a strategy to open new markets for Iraqi crude oils, noting that Iraq scored advanced ranks in oil marketing in Asia.
Al-Yasiri said, "The work mechanisms of the Oil Marketing Company are focused on ensuring the preservation of the marketing shares of Iraqi crude oils in the most important global crude oil markets, such as Asia, America and Europe. The efforts of this company have resulted in registering advanced ranks as the largest suppliers of crude oil to the most important consuming countries, especially in the Asian market." vital and promising, and according to the testimony of specialized and accredited international websites in this field.”
He added, "The company, as part of its marketing strategy, has been studying all possibilities and means available to expand the current marketing shares and potential opportunities, and is currently working to expand its share in the European market, investing in the decline of Russian imports to this region and its need to provide alternatives."
He continued, "SOMO is working diligently and continuously to open new and stable markets for Iraqi crude oils, and the implementation of these strategies is done through careful and continuous monitoring of the global oil market and attendance at international conferences with the aim of meeting as many companies as possible to introduce Iraqi crude oils in terms of quality and logistics, and to display the advantages that it enjoys." It is applied to these companies to try to attract them and start trading with them.” Ended 29 /
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