While Iraq will continue to import products by open competitive tender, the Joint Operating Agreement with state-owned General Company for Ports in Iraq (GCPI) at Khor al-Zubair clearly opens up Iraqi market possibilities for BP’s trading operations.

“This is an important step forward for BP, we are working with the Ministry of Transport in Iraq to help meet the country’s demand for refined oil products,” says Paul Reed, CEO of BP’s integrated supply and trading business. (CONTINUED - 582 WORDS)