Axeon Bought Kurdish Crude

By John Lee.

Axeon Specialty Products said on Friday that it received a cargo of crude oil from of Kurdistan's Shaikan oilfield in June, despite the Iraqi government's attempts to block independent exports of crude by the Kurdistan Regional Government (KRG).

The oil was delivered to the company's refinery in Paulsboro, New Jersey (pictured).

A company official is quoted as saying:

"Axeon SP was the importer of record for the June shipment ... We purchased this cargo on a delivered Paulsboro, New Jersey basis from a reputable supplier."

(Source: Reuters)

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