Kurdistan RegionG sells 1st crude oil shipment

(IraqiNews.com) Kurdistan Region sold the first shipment of crude oil produced in the Region abroad.An informed source of Oil Industry Ministry in Kurdistan Region reported in press conference that “The first shipment of crude Oil which is produced in Kurdistan Region was sold in the international market to a German company.””The sold crude Oil shipment is about (30,000) tons and the value of the shipment according to the market price of February reached USD (22) million,” the source added.”The German Company (Saket Energy) won the auction, which was organized by the mediator company (Power Trans) to buy the shippment,” the source pointed out. \END\