Iraq’s oil exports to Turkey were halted again on Wednesday, this time by bomb attacks targeting the oil pipeline north of Baghdad. Reuters' sources say one attack took place at around 0100 local time near Hadhar in Nineveh Province, 80 km south of Mosul, with another section of the line also attacked near Fatha, between […]
By John Lee. Reuters reports that a bomb attack stopped oil flows through the pipeline from Kirkuk to the Turkish port of Ceyhan (pictured) early on Tuesday. Iraqi oil officials said the stoppage started at around 0230 GMT (10:30 p.m. Tuesday EDT). The pipeline has been repeatedly attacked by militants and has also suffered technical […]
By John Lee. Iraq has again failed to restart exports of crude oil via the Kirkuk-Ceyhan pipeline, reports UpstreamOnline. Pumping was suspended since 21st June due to a leak in the Ain al-Jash area, around 290 kilometres northwest of Baghdad. There was a brief restoration of service last week, but flows are again reported to […]
By John Lee. Reuters reports on Friday that exports of Iraqi crude oil through the Kirkuk-Ceyhan pipeline have still not resumed following a bomb attack on Monday. A spokesman for the Iraqi oil ministry had said repairs to the pipeline would be completed by Thursday afternoon. On Friday, six tankers were said to be waiting […]
By John Lee. Insurgents blew up the Ceyhan oil pipeline in northern Iraq on Monday night, halting the country's oil exports via the Turkish port (pictured). The attack took place near Tulool al-Baj, some 250 km north of Baghdad, a police source told Xinhua. "The sabotage caused a huge fire at the scene and resulted […]
By John Lee. The Kurdistan Regional Government (KRG) is planning to build an oil pipeline to Turkey with a capacity of 1 million barrels a day, according to a report from Platts. KRG natural resources minister Ashti Hawrami (pictured) told an energy conference in Turkey on Thursday that plans were already in place for the […]
By John Lee. Estimates vary as to when oil will flow again through the pipeline that runs from Kirkuk to the Turkish port of Ceyhan (pictured), following the attack that halted exports on Sunday. Dow Jones quotes a shipping agent as saying on Wednesday that pumping is not expected to resume until he weekend. Reuters, […]
By John Lee. Reuters reports that the Kirkuk-Ceyhan pipeline was bombed on Sunday night, knocking out flows. Officials from the Turkish Energy Ministry said on Monday that repairs could take up to 10 days. The blast occurred in Mardin province, north of Turkey's border with Syria. The outlawed Kurdistan Workers Party (PKK) was behind the […]
By John Lee. An explosion and fire shut two pipelines that transport oil from Kirkuk to the Turkish port of Ceyhan (pictured) on Friday night, and it was unclear when oil would resume flowing. Security sources blamed sabotage by Kurdish separatists for the explosion at 11 p.m. (2100 GMT) on Friday near the town of […]
By John Lee. Turkey's Energy Minister, Taner Yildiz, said the ministry has started technical work with Iraq's central government on shipping crude oil from Basra, in southern Iraq, via the Kirkuk-Ceyhan pipeline to Turkey's Mediterranean coast, according to Reuters. The announcement came days after the KRG said it might sell natural gas directly to Turkey […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
JBC Energy, the Austria-based research firm, has said that disruptions at a pipeline network carrying Iraqi crude oil to the Turkish Mediterranean port of Ceyhan (pictured) have threatened the reliability of Kirkuk oil exports, Bloomberg has reported. "The closures and reduced flows seen over the last six months raise questions on the viability of Kirkuk […]
