We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Wed 3 Oct 2007 09:51 PM

Font Size

- Aa +

Iraq oil exports through Turkey resume

Northern pipeline comes back online after 10-day halt following bomb attack last month.

Iraq has restarted pumping Kirkuk crude exports through its northern pipeline to Turkey after a 10-day halt, shipping sources said on Wednesday.

Sabotage attacks have kept the pipeline from the Kirkuk oilfields mostly idle since the US-led invasion of Iraq in March 2003. The line sustained damage in a bomb attack on September 19, but sporadic shipments have continued.

"The flow has restarted," a shipper said.

Storage in Turkey's Mediterranean port of Ceyhan had reached about five million barrels, said another. On Monday, a shipper said storage was much lower at around 2.6 million barrels.

Iraq issued a tender on Thursday to sell five million barrels from Ceyhan to be loaded in one million or two million barrel lots by October 22.

It sold 2.5 million barrels in the previous tender to Exxon Mobil and Turkish refiner Tupras to be loaded by October 5. Tupras had a vessel to load a million barrels on Wednesday and Thursday, one of the shippers said.

The pipeline is Iraq's secondary export route. When the line is down, the country relies on its main terminal in the south at Basra for exports of about 1.5 million barrels per day (bpd).

Arabian Business: why we're going behind a paywall

For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.