Iraq’s State Oil Marketing Organization (SOMO) is looking to expand its crude oil trading activities with more spot sales and with opening offices outside Iraq, the director of SOMO’s crude oil and gas marketing division, Ali Nazar Faeq Al-Shatari, said at the at the S&P Global Platts Asian Refining Summit on Thursday. The state oil marketing company of OPEC’s second-largest producer plans to begin the opening of offices abroad with Singapore, S&P Global Platts quoted Al-Shatari as saying during the conference. According…
