Bid & Tender
Iraq’s Oil Ministry Makes First Direct Shipment of Crude

Date : Jun 11, 2018

Iraq’s Ministry of Oil has made its first direct shipment of crude oil since 1991.

 

The two-million barrel shipment was made via its subsidiary company, the Iraqi Oil Tankers Company (IOTC).

 

It will be delivered to a US-based customer of the State Oil Marketing Organization (SOMO).