Energy / WORLD

Iraq offers 2.57 million tonnes of fuel oil for November–December exports

SOMO issued a refinery-depot export tender; the offered volume remains subject to supply and buyer performance.

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Iraq’s State Oil Marketing Organization (SOMO) issued an export tender for fuel oil available from refinery depots. The two-month contract period is scheduled to run from November 1 through December 31, 2026, with exports through available land and sea border outlets.

The notice states a total contractual quantity of 2,567,760 metric tonnes, with a ±20% operational tolerance. Volumes may change with product availability and buyer performance, so the notice is an offer rather than a completed sale. Bids are due by noon on October 15. Prices will follow formulas tied to published Platts fuel-oil averages, with separate terms by export route.

Data

Key figures

SOMO fuel-oil export offer

Announced contract quantity and operational tolerance for the November–December period.

Total contractual quantity for the two-month period
2,567,760 metric tonnes
2026-10-11 · Target
Operational quantity tolerance (±)
20 percent
2026-10-11 · Target
Methodology

Quantity comes from SOMO’s October 11 tender document. The notice reserves changes based on supply and buyer performance, so it is not a confirmed delivery or completed sale.

Updated:

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  • Iraq · Place role: Coverage · Place type: Country or area · Location precision: Regional
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Taxonomy version: IPTC Media Topics 2026-Q2

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