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Oil exports from Iraq’s Kirkuk fields drop on power outages: official



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Oil exports from Iraq’s Kirkuk fields drop on power outages: official

Post by rocky on Sun 20 Nov 2016, 3:17 am

Oil exports from Iraq’s Kirkuk fields drop on power outages: official
Posted on November 19, 2016 by Editorial Staff in Oil & Gas

Iraqi oil fields. Photo: Reuters

KIRKUK,— Iraq’s exports from the Kirkuk oil field through an export pipeline to Turkey have dropped because of power outages, an official at state-run North Oil Co. said on Saturday.
Export are currently running at 100,000 barrels per day (bpd), compared with 133,000 bpd in October, the official said.
The pipeline delivers crude to Turkish terminal of Ceyhan, on the Mediterranean. It also carries crude produced in fields developed by the Kurdistan Regional Government (KRG), an autonomous region in north Iraq.

OPEC’s second-largest producer after Saudi Arabia, Iraq exports most of its oil through the southern ports, on the Gulf.
Total exports for September, including the KRG, were 3.871 million bpd, of which 3.276 million bpd were shipped from the southern ports, according to the last figures published by the nation’s state-oil marketer SOMO, in October.
North Oil resumed exports through the Kurdish-controlled pipeline in August, after a five-month halt caused by a dispute on oil revenue sharing between Baghdad and the KRG.

    Current date/time is Thu 08 Dec 2016, 6:03 pm