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State Oil Marketing Organisation (SOMO) — LIVERSE Oil Trade Portal

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State Oil Marketing Organisation (SOMO)

Iraq · Baghdad

OVERVIEW

Iraq's exclusive state crude-oil and petroleum-product export marketer, headquartered in Baghdad under the Ministry of Oil. SOMO negotiates term and spot contracts with international buyers -- chiefly across Asia (India, China) with expanding sales into Europe -- and sets official selling prices off international benchmarks.

SPECIFICATIONS

CountryIraq

RegionBaghdad

TypeState-owned

Fields not shown are left blank because no verified public source was available — we do not fill them with estimates.

VERIFICATION

Source: Iraq Business News
Last verified: 2026-08-07

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