Categories: India

Iraq cancels Lukoil oil cargoes loading amid sanctions, sources say

LONDON, Nov 4 (Reuters) – Iraq has cancelled the loading of three crude oil cargoes from Lukoil in November, two market sources said on Tuesday citing concerns over U.S. and UK sanctions on the Russian oil major. Iraq's state firm Somo cancelled cargoes from Lukoil's equity production at the West Qurna field, the sources said. The cargoes had been meant to load on November 11, 18 and 26, the sources said. Lukoil and Somo were not immediately available for comment. (Reporting by Dmitry Zhdannikov and Ahmad Ghaddar)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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