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Iraq's SOMO Targets Crude to Europe

OIL

Iraq’s National Oil Marketing Company (SOMO) confirmed today the company’s pursuit to expand Iraq’s share in the European market according to the Iraqi News Agency.

  • "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.". Al-Yasiri, the head of SOMO said.

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