From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Attacks on oil pipelines are expected to be an important issue in Iraq's upcoming parliamentary elections. The country loses millions in lost revenue and damages due to frequent attempts by armed groups, including […]
By John Lee. Pumping along the Kirkuk-Ceyhan pipeline has reportedly been halted since the beginning of March due to sabotage, and it is unclear when exports can re-start. Oil volume through the pipeline dropped almost a quarter in January (compared to January 2013), having already fallen by 37 percent in 2013 compared to 2012, according […]
A bomb attack on an oil storage depot in Iraq’s Zubair oilfield set one tank ablaze and halted pumping from the station, sources said on Sunday. AKnews reports that firefighters have got the flames under control, but 27,000 cubic meters of oil have been lost. Four devices were planted, one started the fire, two were […]
Iraq’s Oil Ministry has completed repairs to the damaged oil pipeline carrying crude from north Iraq’s Kirkuk fields through Turkey, and pumping resumed after mid-night on Tuesday morning, the Oil Ministry’s official spokesman has confirmed. “The Oil Ministry has completed repairs in the damaged Iraqi-Turkish oil pipeline, exporting crude oil to the Turkish Ceyhan terminal […]
A pipeline rupture that halted Iraq's crude oil exports to the Turkish Mediterranean port of Ceyhan was caused by sabotage and could take up to five days to fix, a source at Iraq's North Oil Company said today. The rupture halted oil flow from Iraq's northern fields to Ceyhan on Sunday. "After examining the oil […]
