Q&A: SOMO’s Falah Alamri
The head of Iraq's oil marketing authority touts the market's embrace of the new Basra Heavy crude blend, which will account for most of the country's upcoming export growth.
Falah Alamri, then head of Iraq's State Oil Marketing Organization (SOMO), speaks to journalists at an OPEC meeting in Vienna on June 14, 2012. (ALEXANDER KLEIN/AFP/GettyImages)
VIENNA - When Basra Heavy was first introduced to the market, buyers were hesitant – and oil companies forced to load it complained.
But now new markets are demanding it, and the quality of both Basra Heavy and Iraq's marquee Basra Light blend have stabilized.
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