Iraq finalizes Kirkuk crude term lifters for 2010

摘要

London-Iraq's State Oil Marketing Organization has finalized its list of term contract lifters of Kirkuk crude oil in 2010, a source close to SOMO said December 15. Spain's Cepsa has decided not to lift Kirkuk crude which loads from the Turkish Mediterranean port Ceyhan. "The grade's official selling prices are too expensive considering the quality of the grade," said a source close to Cepsa. Norway's Statoil was the only new lifter added to the list of buyers of Kirkuk, the source close to SOMO said.