• 7 minutes Get First Access To The Oilprice App!
  • 11 minutes Japanese Refiners Load First Iran Oil Cargo Since U.S. Sanctions
  • 13 minutes Oil prices forecast
  • 17 minutes Renewables in US Set for Fast Growth
  • 5 hours Chinese FDI in U.S. Drops 90%: America's Clueless Tech Entrepreneurs
  • 2 hours Socialists want to exorcise the O&G demon by 2030
  • 2 days Is Natural Gas Renewable? I say yes it is.
  • 8 hours Good Marriage And Bad Divorce: Germany's Merkel Wants Britain and EU To Divorce On Good Terms
  • 20 hours Cheermongering about O&G in 2019
  • 1 day Duterte's New Madness: Philippine Senators Oppose President's Push To Lower Criminal Age To 9
  • 2 days Making Fun of EV Owners: ICE-ing Trend?
  • 12 hours *Happy Dance* ... U.S. Shale Oil Slowdown
  • 3 hours Russian Message: Oil Price War With U.S. Would Be Too Costly
  • 2 days Emissions from wear of brakes and tyres likely to be higher in supposedly clean vehicles, experts warn
  • 1 day North Sea Rocks Could Store Months Of Renewable Energy
  • 4 hours Oil CEOs See Market Rebalancing as Outlook Blurred by China Risk
  • 2 days Blame Oil Price or EVs for Car Market Crash? Auto Recession Has Started

After Brief Interruption, Oil Begins To Flow From Kirkuk

Iraq Oil

Crude oil is once again flowing from the fields around Kirkuk, after an interruption that lasted for several hours, as security forces searched the area for bombs, said to have been planted by the Islamic State. This is what sources from the shipping industry told Reuters.

Hours earlier, sources from the Kurdish security service said the oil flow to Turkey’s Ceyhan port had stopped. An executive from the North Oil Company – a Baghdad-controlled state firm – said that the pipeline that pumped crude from the Kirkuk fields to Ceyhan transported some 120,000 barrels daily before the stoppage, although its usual daily throughput was 150,000 barrels.

Oil from the Kirkuk fields has become a bone of contention between the central government in Baghdad and the Kurdistan Autonomous Government, which controls Kirkuk. Last year, the oil flow from the northern fields was suspended for several months while Baghdad and Erbil argued over the distribution of oil revenues.

Meanwhile, earlier today Kurdish media Rudaw reported that Kurdish security forces had entered the offices of NOC in Kirkuk, “to show Baghdad that Kirkuk’s oil is for its people,” as the source quoted a Kurdish politician from the Patriotic Union of Kurdistan.

The official went on to say that the operation was prompted by Baghdad’s intention to divert oil from Kirkuk from the pipeline to Ceyhan and export it via other terminals. The Kurdish security forces took control over a pump station storing oil from the local oil fields. According to the PUK official, Aso Mamand, Baghdad has a week to change its mind about taking Kirkuk oil to the rest of Iraq.

An official from the ruling Kurdish Democratic Party, the party in power, said the operation was organized and carried out by the PUK unilaterally, implying the government in Erbil had not authorized it.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

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