Turkish Refiner to Buy Kurdish Crude via SOMO

By John Lee.

Turkish refiner Tupras is to buy crude oil from Iraq Kurdistan sold by the Baghdad's State Oil Marketing Organisation (SOMO).

The company's Deputy General Manager, Hasan Tan, told reporters the oil will be sent by pipeline to the Turkish Mediterranean port town of Ceyhan.

The announcement comes a week after Baghdad and Erbil reached a deal to settle a long-running dispute over oil-revenue.

(Source: Reuters)

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