Kuwait Army Chief Highlights Excellence at Amiri Guard Visit

Kuwait’s army leadership emphasized the importance of...

Kuwait Strengthens Infant Formula Safety with New Recall Measures

The Kuwait infant formula safety measures have...

Bahrain Space Agency Advances Collaboration in Engineering and Energy Research

Bahrain’s space and technology sector gained momentum...
HomeBusinessSOMO Ready to...

SOMO Ready to Receive Kurdistan Oil Despite Ongoing Challenges

Iraq’s State Oil Marketing Organization (SOMO) says it has not yet received any oil from the Kurdistan Region. This comes despite an agreement between Baghdad and Erbil to restart oil deliveries.

The deal, signed on July 17, requires the Kurdistan Region to supply 230,000 barrels of oil daily to SOMO. However, drone attacks on oil fields in the north have sharply reduced production.

Still, SOMO confirmed that it stands ready to receive Kurdistan oil whenever it becomes available. The company has completed all technical and logistical steps to restart exports through Turkey’s Ceyhan port.

Currently, Iraq exports between 3.35 and 3.4 million barrels of oil per day. Around 80% of this supply goes to growing Asian markets. Less than 20% is shipped to Europe, while a small amount reaches the U.S.

In a report dated July 28, SOMO highlighted illegal activity by certain tankers leaving the ports of Umm Qasr and Khor al-Zubair. These vessels used unauthorized routes and advanced tools to hide their locations.

SOMO described the report as a routine procedure to improve export oversight. The company emphasized that all Iraqi ports are monitored under strict security coordination.

Authorities recently tracked four suspicious vessels, possibly carrying non-oil industrial cargo. SOMO clarified that it does not work with blacklisted entities and removes any vessel deemed suspicious from Iraqi waters.

Despite logistical and security challenges, SOMO maintains its readiness to receive Kurdistan oil under the terms of the deal. The company awaits actual deliveries and will act swiftly once shipments resume.

Looking ahead, Iraqi officials say they are optimistic. They believe cooperation between Baghdad and Erbil will eventually stabilize. For SOMO, the ability to receive Kurdistan oil remains a key step toward long-term energy balance.

Continue reading

Kuwait Correctional Facility Blaze: Several Police and Workers Injured in Dramatic Fire

dramatic Kuwait prison fire broke out at the general department of correctional facilities in Sulaibiya, injuring several police personnel and workers. Consequently, authorities responded immediately after receiving an emergency report through the operations room. Firefighting teams from the Kuwait...

Deadly Iraq Factory Gas Leak Kills Two, Injures Three Workers

A deadly gas leak occurred at a factory in northeastern Iraq, killing two workers and injuring three others. Consequently, civil defense teams rushed to the site and rescued 19 people. Emergency crews worked quickly to secure the area and...

Saudi Arabia Unveils $10 Billion Push in Saudi luxury real estate

Saudi Arabia continues its economic transformation through ambitious property expansion. Moreover, Dar Global advances this strategy through major luxury developments. Additionally, the company partners with the Trump Organization to attract global investors. As a result, Saudi luxury projects gain...