Italy’s Eni to Buy Kirkuk Crude

By John Lee.

Platts reports that Italy’s Eni has provisionally booked a tanker to load an 80,000 mt cargo of Iraqi crude from the Turkish port of Ceyhan.

Market sources said that the cargo is Kirkuk crude, and would be the first such cargo from the port since Baghdad and Erbil agreed to sell 150,000 barrels per day (bpd) worth of Kurdish-produced crude through Iraq’s State Oil Marketing Organisation (SOMO) earlier this month.

Eni was not immediately available to comment.

(Source: Platts)

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