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Iraq's SOMO seeks more high-sulphur diesel shipments for Dec, sources state

Iraq's stateowned refiner SOMO is seeking to purchase more highsulphur diesel shipments for December arrival, after earlier buying interest for one October cargo, 3 trade sources who saw the tender document said on Friday.

SOMO is looking for a total of 85,000 metric lots of 2500ppm sulphur diesel, to be divided into 2 42,500-ton cargoes, for delivery in between Dec. 1 and Dec. 31 to Khor Al Zubair, they stated.

The tender closes on Nov. 5, with credibility of approximately 20 days later on.

SOMO did not instantly react to a Reuters ask for comment.

This is the 2nd time the refiner has actually wanted to buy 2500ppm sulphur diesel cargoes, after a purchase tender at end-September for one October 42,500-ton cargo.

In May, the business looked for to offer 800-1000ppm gasoil term materials.

This increase in need could be due to lowered domestic production since of refinery maintenance, among the 3 sources stated.

SOMO did not import or export any gasoil for the very first half of 2024, while imports for 2023 totalled around 1.15 million tons, the company's website shows.

Iraq's newly minted Karbala refinery was shut for scheduled maintenance at end-September and has actually just rebooted.

A minimum of four more refinery sites in Iraq were scheduled for planned maintenance between September and November, a 4th source informed Reuters earlier.

(source: Reuters)