Israeli firm awarded oil tender in IraqWednesday 25 February 2004One of Israel's largest oil marketing firms has won a multi-million dollar tender to supply fuel to US troops in Iraq.
According to a IsraelNationalNews.com report, the tender awarded to Sonol gasoline company, along with its foreign partner Morgantown International, is valued at $70-80 million.
The company is expected to supply the US forces with 25 million litres of fuel each month.
The tender was issued by the US- based KDR Company, a subsidiary of Halliburton, which has been entrusted with the majority of US military contracts in Iraq. Among Sonol’s competitors was Delek, another Israeli company, the report added.
Until now, the US forces have received most of their fuel from Kuwait. However, following Halliburton’s admission that it overcharged the US military by passing on the Kuwaitis' inflated price, the US Army decided to approach other suppliers.
Sonol is one of Israel's three largest oil product marketing firms with a network of about 205 branded service stations.
Fuel, imported to Israel, will pass through the fuel terminal operated by the TASHAN (Oil and Energy Infrastructure Company) north of Beer Sheva and will then be transported to Iraq by land through Jordan, according to the report.
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