• 3 minutes Australian power prices go insane
  • 7 minutes Wind droughts
  • 11 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 5 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 1 min GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 hours What-If - Russia decided to take out the Saudi and Kuwait oilfields
  • 7 hours "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 2 days "As the Earth Cools, the Climate Change Hoax Heats Up" by Michelle Edwards
  • 5 hours PROFOUND ! "Russian Ruble relaunched linked to Gold and Commodities" by the famous Ronan Manly -- (NOTE the censorship by the MultiPolar New World Order of The Great Reset))
  • 1 day 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 1 day The United Nations' AGENDA 2030 - The vision for One World Governance ...an article by the famous Dr Robert Malone
  • 4 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
Zainab Calcuttawala

Zainab Calcuttawala

Zainab Calcuttawala is an American journalist based in Morocco. She completed her undergraduate coursework at the University of Texas at Austin (Hook’em) and reports on…

More Info

New Kirkuk-Ceyhan Pipeline Explosion Disrupts Kurdish Production

A pipeline explosion in Kirkuk caused a disruption in oil production on Wednesday, according to government sources who confirmed the source of the commotion.

"An explosion occurred in Kirkuk, which caused considerable material damage and stopped production," the Ministry of Natural Resources said in a press release. "The blast occurred, at two o'clock on Wednesday morning, along the pipeline run by authorities of the Kurdistan region which extracts oil and exports it to Turkey.”

No group has claimed responsibility for the explosion yet, although insurgents from the Islamic State (ISIS) have targeted Kurdistan’s oil infrastructure in the past.

“Flames of fire occurred on an oil pipeline passing between villages of Drkai Arab and Sartika, in Sargaran district,” Gen Sarhad Qader, head of suburban police, told Rudaw. “Attempts to put off the fire are ongoing and [authorities expect] to totally extinguish it by the evening,” he added.

The pipeline, which ends in Ceyhan, had just restarted exporting oil three days ago after being offline for scheduled maintenance.

In August last year, the central Iraqi government in Baghdad and the Kurdish Regional Government (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.

Related: Exxon Attempts To Maneuver Around Russian Sanctions

The shaky nature of 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.

Baghdad and Erbil are exempt from the terms of the Organization of Petroleum Exporting Countries’ (OPEC) deal to reduce output by 1.2 million barrels per day, though oil output from the two entities combined makes Iraq the second largest oil producer in the bloc. Saudi Arabia, the group’s de facto leader, is the largest.

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News