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LPG Supply – FOB – Basra Iraq

Update - September 26, 2025
Invitation to Bid for LPG Via BZ Group FZCO

In September 2025, our Company, BZ Group FZCO (“BZG” ), has been invited to bid in the upcoming LPG tender of Basrah Gas Company (“BGC”). BZG has been pre-qualified as an exporter and a registered customer of BGC to bid for LPG quantities since December 2024. 

BZG plans to bid for quantities based on the expression of interest & booking for quantities along with competitive bids received in the next four to six weeks. 

We have prepared a document titled “An Introduction to Bulk LPG Supply – FOB Umm Qasr Port, Basra, Iraq (October 2025 Onwards) to solicit Expression of Interest with indicative bid prices from interested parties for booking of LPG quantities. 

Direct Buyers of LPG on FOB basis are encouraged to apply.  Also, all brokers are protected. For more details, please double-click this link to view:  “An Introduction to Bulk LPG Supply – FOB Umm Qasr Port, Basra, Iraq (October 2025 Onwards)”.

Updated – September 1, 2025

Background Information

The Iraqi Ministry of Oil has granted the Oil Marketing Company (“SOMO”) exclusive rights to import and export crude oil, gas, and oil products to and from the Republic of Iraq, in accordance with Laws 101 of 1976 and 272 of 1987. In addition, Basrah Gas Company (“BGC” or “Seller”) was authorised to export the products produced by the venture with SOMO on behalf of BGC, in accordance with the Basrah Gas Development Agreement (as endorsed by the Iraqi Council of Ministers in 2011). In this context, BGC and SOMO jointly invite offers for sales of the product from Basrah Gas Company, Umm Qasr Marine Terminal.