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Iraqi oil returns to Turkey through the port of Ceyhan
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Economy News-Baghdad
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Added 2023/02/08 - 11:23 AM
Updated 2023/02/08 - 1:36 PM
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Economy News-Baghdad
Pumping of Iraqi crude resumed to the Turkish port of Ceyhan, during the past hours, after its first tanker docked since several earthquakes occurred the day before yesterday, Monday, according to ship tracking data and sources in the oil sector.
Bad weather had earlier disrupted loading operations.
A violent earthquake struck Turkey and Syria the day before yesterday, Monday, halted operations at the port of Ceyhan, and disrupted important crude oil flows from Iraq and Azerbaijan.
According to the data of the "Refinitiv Eikon" platform, the tanker "Valesina" appeared at the Ceyhan port terminal on Monday evening, and a trade source stated that it had been granted permission to load Iraqi crude oil from storage facilities.
The Ministry of Natural Resources in the Kurdistan Regional Government said that the pipeline resumed pumping at 18:45 GMT on Tuesday.
The Kurdistan region exports about 450,000 barrels per day via Turkey, which are considered "illegal" exports by the Iraqi federal authorities.
While Iraqi crude flows and exports have resumed, Azeri crude exports are still suspended.
However, two informed sources said that Azerbaijan's Baku-Tbilisi-Ceyhan pipeline is still operating and continues to transport oil to storage facilities in the port of Ceyhan.
The two sources explained that the oil production in the Azeri, Chirag and Gunesli fields project in Azerbaijan continues as a result.
The tankers "Alpha Baltika" and "Nordlotus" are waiting in the region for the reopening of the Azerbaijani crude delivery berth via the Baku-Tbilisi-Ceyhan line.
More than one million barrels per day were exported through the port of Ceyhan last January.
Views 47
Added 2023/02/08 - 11:23 AM
Updated 2023/02/08 - 1:36 PM
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