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Iraq Names Ali al-Shatari as Director General of Oil Marketer SOMO

Iraq, the second-largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC), appointed a new chief for national oil marketer SOMO, the company said.

Ali al-Shatari will become the director general of the State Oil Marketing Organization (SOMO), succeeding Khudhyer Abed, also taking over as Iraq's governor in OPEC.

SOMO, which markets all Iraqi oil, is expected to begin handling oil output from Iraq's semi-autonomous Kurdistan region after the end of an almost two-year dispute with the government in Baghdad.

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