After obtaining an export waiver, Iraq urges clients to submit crude oil shipment plans
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Golden Ten Data, April 6 – According to Reuters, a document shows that after media reports that Iran has exempted Iraq from all transit restrictions through the Strait of Hormuz, Iraq's State Oil Marketing Organization (SOMO) has requested its clients to submit crude oil shipment plans within 24 hours. The company stated: "In view of the above, and to ensure the continuity and stability of crude oil export operations, we urge companies to submit their shipment plans within 24 hours so that we can process your lifting arrangements in a timely manner, including tanker nominations and contract volumes, in full compliance with the agreed terms and conditions." It also reiterated that all loading terminals, including the Basra Oil Terminal (BOT) and related facilities, remain fully operational, and SOMO is fully prepared to execute all contractually agreed lifting plans without any restrictions.
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