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Oil official denies sale of oil to the United States at a reduced price


dflake
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Source: Radio Sawa - 16/05/2011

Oil official denies sale of oil to the United States at a reduced price

Denied the Secretary-General for the initiative of the Extractive Industries Transparency in Iraq Ala Mohiuddin give Iraq to the U.S. discounts the price of oil exported to it, explaining that the reductions in the prices of Iraqi crude to some countries in the world came Kfroqat about the quality of the oil and transport allowances.

Mohiuddin said in a statement to "Radio Sawa" on the sidelines of a symposium held in the oil marketing company "Sumo" that there are no discounts of any State, but there are differences in the quality of oil.

On his part, Director of the Oil Marketing Company Falah al-Ameri hoped to resolve bottlenecks in the existing export, adding the ministry is ready to deal with the increase that will occur on the production of oil for the current year.

It is noteworthy that the size of Iraq's oil exports for the past month amounted to 64,000,216 barrels, while expected to increase oil production end of this year to three million barrels per day.

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Discounts because of oil "quality" and transport allowances? Meaning, if it's hard to get it to a country, they give them a discount? Hardly makes sense. Plus, WTF is oil "quality"? The drums they put some of the oil in had dirty insides and contaminated the crude? I just don't see that as a trustworthy explanation. Sounds more like making up some B.S. to keep from revealing any possible truth to giving us a discount in oil because of the RV.

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