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Economy News - Baghdad
Today, Thursday, the National Oil Marketing Company (SOMO) denied that crude oil was smuggled from Khor Al-Zubayr.
The company said in a statement, "One of the social media platforms published misleading and incorrect information regarding the existence of cases of smuggling of Iraqi crude oil from the port of Khor Al-Zubayr by foreign tankers with the participation of the Oil Marketing Company."
She added, "The Oil Marketing Company is legally responsible for exporting Iraqi crude oil, and this process takes place under solid contracts with major international companies, and the exported quantities are loaded into tankers through official ports."
She indicated that "the quantities exported, pumped to ports, and received by foreign companies are matched by all concerned authorities and under the supervision of a specialized international company (a third examiner) with high transparency, and detailed information on this subject is published in the reports issued by the Transparency Initiative for Strategic Industries in Iraq, which can be viewed by everyone.”
And she continued, "The port of Khor Al-Zubayr is a port dedicated to goods and the export and import of petroleum products, and it is not equipped with any equipment or pipelines for exporting crude oil."
And it indicated that "all the tankers mentioned in the misleading report are tankers officially contracted to transport the black oil to the floating reservoir in Khor Abdullah and with successive periods to be exported from there under official contracts with solid international companies, and the quantities loaded on them are subject to conformity with high transparency by the concerned authorities." According to the statement.
And she stressed that "the Oil Marketing Company holds the party that published the report responsible for misleading public opinion and reserves its legal right to sue them for that."
Added 11/24/2022 - 4:35 PM
Updated 11/25/2022 - 11:09 AM
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