OVERVIEW
Iraq's exclusive state crude-oil and petroleum-product export marketer, headquartered in Baghdad under the Ministry of Oil. SOMO negotiates term and spot contracts with international buyers -- chiefly across Asia (India, China) with expanding sales into Europe -- and sets official selling prices off international benchmarks.
SPECIFICATIONS
CountryIraq
RegionBaghdad
TypeState-owned
Fields not shown are left blank because no verified public source was available — we do not fill them with estimates.
VERIFICATION
Source: Iraq Business News
Last verified: 2026-08-07
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