Iraq begins selling Basra heavy crude starting from next May
2015-03-19T11:42:06+00:00
from the south to two crudes and sale of heavy type of crude starting from next May.
The sources quoted the Iraqi Oil Marketing Company (SOMO) that it will begin the allocation of Basra heavy crude, which has a viscosity of 24 degrees in API companies with the technical service contracts.
Iraq has granted those contracts to companies such as Lukoil , Petronas and CNPC , CNOOC, BP , Exxon Mobil and Royal Dutch Shell to develop the southern oil fields
