• 4 minutes Blackouts in Australia
  • 7 minutes Big Oil Costs Can't Go Much Lower
  • 14 minutes The moves toward 'zero-manning' in oil & gas
  • 2 hours Jan's Electric bike replaces electric cars
  • 46 mins THE GREAT OIL PRICE PREDICTION CHALLENGE OF 2018
  • 4 mins Funding Secured: Saudi Wealth Fund to Invest $1 Billion in Tesla's RIval Lucid to build its EV factory
  • 18 hours gas lines set 70 houses on fire simultaneously in Massachusetts, live now.
  • 1 day Tesla Will Fix Its Cars In-House
  • 1 day Meeting For Better Peninsula: Kim Jong Un Will Meet Moon Jae In Pyongyang
  • 1 day Coca-Cola eyes cannabis
  • 15 mins Audi Launches E-Tron Electric SUV With $74,800 Starting Price
  • 9 hours Bezos Rips Trump For ‘Dangerous’ Attacks on The Media
  • 20 hours 100% Renewables will Fuel the Growth of Poverty and Homelessness
  • 3 hours Making Safe Nuclear Power from Thorium
  • 14 hours Senate cancels postal service hearing
  • 1 day Taller Is Better: A Race for Windmills
  • 1 day Oil Higher As U.S. Iran Sanctions Raise Supply Concerns
Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for the U.S.-based Divergente LLC consulting firm with over a decade of experience writing for news outlets such as iNVEZZ and…

More Info

Trending Discussions

Iraqi Pipeline Disruption Takes 250,000 Bpd Off The Market

Pipeline

Crude oil from northern Iraq, including from the Kurdistan region, stopped flowing from the oil pipeline between Kirkuk and the Turkish Mediterranean port of Ceyhan early on Monday local time, Bloomberg reports, citing a port agent.

According to a Kurdish shipping source who spoke to Reuters, the flows resumed on Monday after a technical stoppage for several hours that had completely halted the flow of crude.

The flow was still reduced to 200,000-220,000 bpd, according to the source.

The typical flow of the pipeline is some 600,000 bpd, and it has been used by both the Kurdistan Regional Government (KRG) and the central Iraqi government and its North Oil Company (NOC) for exports of crude oil from the fields in northern Iraq.

However, following the Kurdistan region’s referendum which Iraq did not recognize, Iraq’s government forces completed in mid-October an operation to seize control of all oil fields that Iraqi state-held North Oil Company operates in the oil-rich Kirkuk region from Kurdish forces. A day later, disruptions in oil flows started, with reports that the flow of crude oil from Kirkuk to Ceyhan had plummeted to some 225,000 bpd, from around 500,000 bpd the previous day.

Disruptions continued throughout the following week, and as of October 24, exports were estimated to have been down by 200,000 bpd since the beginning of the month.

Related: How Many Barrels Of Oil Are Needed To Mine One Bitcoin?

In the middle of last week, Iraq’s central government started pumping oil from Kirkuk to Ceyhan, as it started exporting from the Avana field in Kirkuk via the Kurd-operated pipeline to Ceyhan. North Oil Company was then said they would also work to begin exporting from the nearby Bai Hassan oil field. 

Most of Iraq’s crude oil production is shipped from the southern port of Basra, but in the north, the government must rely on the Kurdish Kirkuk-to-Ceyhan route for exports from its fields in the Kirkuk area until a pipeline that bypasses Kurdistan is repaired.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:




Back to homepage

Trending Discussions


Leave a comment
  • Lee Kumkee on October 30 2017 said:
    I would not consider RPG vs. pipeline a technical issue.

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News