Iraq · Regulatory
Crude oil in Iraq
Status
Restricted — government / monopoly route
SOMO (State Organization for Marketing of Oil) controls all crude exports. Basrah Light and Basrah Heavy priced vs Dubai.
Frequently asked
- Can private companies import Crude oil into Iraq?
- No. SOMO (State Organization for Marketing of Oil) controls all crude exports. Basrah Light and Basrah Heavy priced vs Dubai.
- What license is typically required?
- SOMO (State Organization for Marketing of Oil) controls all crude exports. Basrah Light and Basrah Heavy priced vs Dubai.
- Does OilFlow screen Crude oil listings against Iraq rules?
- Yes. OilFlow's matching engine blocks impossible listings — for example, a private buyer-side Crude oil listing into Iraq will be rejected automatically if this page says blocked or restricted.
Other products in Iraq