Iraq’s SOMO, QatarEnergy offer crude for loading inside Hormuz via tenders, sources say

NEW DELHI/SINGAPORE: Iraq’s state oil marketer SOMO and QatarEnergy are offering crude through rare tenders that require buyers to load cargoes inside the Strait of Hormuz, multiple trade sources said on Monday.

SOMO offered September-loading Basrah Medium and Basrah Heavy crude from Iraq’s Basrah oil terminal or single point mooring and their associated facilities, said the sources, who participate in the Middle Eastern crude market.

QatarEnergy offered al-Shaheen, Qatar Marine and Qatar Land crude for loading in September and October on a free-on-board basis at their respective loading ports in Qatar, the people said.

The tender is valid until August 25.