Axeon Imported Kurdish Oil for its US Refinery in June

Posted by Joseph R. Fonseca
Saturday, August 02, 2014


Axeon Specialty Products said on Friday it received a cargo of Kurdish Shaikan crude oil in June at its Paulsboro refinery in the United States.

Several cargoes of the oil have recently reached U.S. soil and Iraq's central government has moved to block independent exports of crude by the Kurdistan Regional Government.

"Axeon SP was the importer of record for the June shipment," a company official said. "We purchased this cargo on a delivered Paulsboro, New Jersey basis from a reputable supplier."

On Thursday, refiner Lyondell Basell, confirmed it recently purchased "modest quantities" of what public records show is Shaikan crude but said it would scrap further purchases of the disputed oil for the time being.

(Reporting By Terry Wade)

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