• 3 days Nuclear Bomb = Nuclear War: Saudi Arabia Will Develop Nuclear Bomb If Iran Does
  • 2 days Statoil Changes Name
  • 3 days Tillerson just sacked ... how will market react?
  • 2 days Russian hackers targeted American energy grid
  • 2 days Is $71 As Good As It Gets For Oil Bulls This Year?
  • 3 days Petrobras Narrows 2017 Loss, Net Debt Falls Below $85bn
  • 3 days Proton battery-alternative for lithium?
  • 3 days Ford Recalls 1.38 Million Vehicles (North America) For Loose Steering Wheel Bolt
  • 2 days Oil Boom Will Help Ghana To Be One Of The Fastest Growing¨Economies By 2018!
  • 2 days Country With Biggest Oil Reserves Biggest Threat to World Economy
  • 3 days I vote for Exxon
  • 2 days HAPPY RIG COUNT DAY!!
  • 3 days UK vs. Russia - Britain Expels 23 Russian Diplomats Over Chemical Attack On Ex-Spy.
  • 3 days Why is gold soooo boring?
  • 3 days South Korea Would Suspend Five Coal - Fire Power Plants.
  • 2 days Spotify to file $1 billion IPO
Experts Divided On Trump’s Tariff Plan

Experts Divided On Trump’s Tariff Plan

Economists are polarized on Trump’s…

U.S. Shale’s Dirty Secret

U.S. Shale’s Dirty Secret

Oil analysts are constantly discussing…

Kurdistan Resumes Oil Exports After Pipeline Maintenance


The semi-autonomous Kurdistan Regional Government (KRG) resumed on Wednesday crude oil exports via the Kirkuk-Ceyhan pipeline to the Turkish Mediterranean coast, following a three-day planned maintenance on the Turkish side, KRG’s Ministry of Natural Resources said on Twitter today.

“Export restart is a gradual process and so full export volume levels are expected by tonight,” the ministry further noted.

Dilshad Shaaban, deputy head of the natural resources committee in Kurdistan’s parliament, confirmed to Kurdish media network Rudaw that exports were expected to reach their normal rate of 600,000 bpd by the local evening hours.

On Monday, a Turkish official said that required maintenance on oil pipelines connecting Kurdistan to Turkey would bring the facilities offline for three days. Kurdish oil revenues were expected to be set back by $23 million a day due to the closure.

KRG’s Ministry of Natural Resources said on Monday that oil flows to Ceyhan were temporarily halted for planned maintenance. The maintenance work was initially due to be carried out in March, but Turkish company Botas and the Kurdish ministry had agreed to defer the start of works until April 10, for 2-3 days of maintenance. At the same time, Iraq’s North Oil Company (NOC) took the opportunity to repair a technical problem with the Kirkuk pipeline to “minimize overall disruption to flows,” the KRG’s Ministry of Natural Resources said.

Related: Will Summer Bring $60 Oil?

In August last year, the central Iraqi government and the KRG resolved a dispute over the shipment of oil via the Ceyhan pipeline from the Kirkuk fields operated by the central government’s North Oil Company. But the shaky Iraqi politics, the ISIS threat that has not been completely erased, and the generally restive region are currently deterring foreign oil companies from betting big on the Kurdish oil fields, which offer low-cost production.

By Tsvetana Paraskova 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