Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    SOMO: We have informed all international companies not to buy crude oil from Kurdistan

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 267933
    Join date : 2012-12-21

    companies - SOMO: We have informed all international companies not to buy crude oil from Kurdistan Empty SOMO: We have informed all international companies not to buy crude oil from Kurdistan

    Post by Rocky Tue 20 Sep 2022, 5:26 am

    SOMO: We have informed all international companies not to buy crude oil from Kurdistan

    [You must be registered and logged in to see this image.]



    [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]



    Economy News / Baghdad
     
     
    Today, Monday, the Oil Marketing Company "SOMO" announced that it had taken marketing measures and informed all international companies not to purchase crude oil from the Kurdistan region, while stressing that the regional government is obligated to implement the decision of the Federal Court .
    The director of the company, Alaa Al-Yasiri, said in a statement to the Iraqi News Agency, "The Federal Court issued a decision stipulating the invalidity of all contracts concluded by the Kurdistan Regional Government regarding the extraction and export of crude oil ."
    Al-Yasiri added, "The Ministry of Oil has begun to develop flexible mechanisms for the purpose of transferring the entire file to the federal government, but the matter was not welcomed by the regional government, which called the ministry to take legal measures," noting that "the regional government is obligated to implement the court's decision ."
    He pointed out that "the Oil Marketing Company has taken marketing measures and all international companies have been informed not to purchase crude oil from the region," noting that "the quantities exported from the region last year amounted to about 420,000 barrels per day, and this year, the exported quantities have decreased to about 355 thousand barrels per day .
    He stressed, "The regional government sells oil at lower prices than the central government, and according to news published by Reuters, the region sells oil at discounts ranging from 16-20 dollars per barrel, despite the fact that the sale takes place in the same region and with the same quality of oil ." 
     



    231 views
    Added 09/19/2022 - 7:34 PM
    Update 09/20/20
    [You must be registered and logged in to see this link.]

      Current date/time is Sat 13 Apr 2024, 1:38 am