Gulf Oil and Gas accountACCOUNT

KRG Oil Pipeline Via Turkey Runs Normally

Source: Reuters 8/8/2014, Location: Middle East

The Kurdistan Regional Government's (KRG) oil pipeline via Turkey is operating normally and pumping 120,000 barrels per day (bpd) of crude oil despite an advance by Islamic State fighters in northern Iraq, sources told Reuters.

"The crude flow is uninterrupted, pumping around 120,000 bpd," one industry source said. "Some fields such as Taq Taq are actually producing their highest."

The Sunni militants extended their gains on Thursday, seizing more towns and strengthening their presence near the Kurdish region in an offensive that has alarmed Baghdad and regional powers.

Until this week, most of Kurdistan had been protected from militants by its own armed forces, called the peshmerga.

Hundreds of thousands of Iraqis fleeing the Islamists, including Christians and Yazidis, have taken refuge in the Kurdish area.

The KRG's independent oil pipeline came online last December and connects with the Baghdad-controlled federal Kirkuk-Ceyhan oil pipeline on the Turkish side of the border, carrying Kurdish crude to the Mediterranean port of Ceyhan.

The federal Kirkuk-Ceyhan pipeline carrying Kirkuk oil to Ceyhan has been down after consecutive attacks.

KRG shipped its first independent oil exports via Ceyhan to world markets in May, but has met strong objections from Baghdad and efforts to block its shipments as the central government sees itself as the sole authority on Iraqi oil.

The latest tanker carrying 260,000 barrels of Kurdish oil left Ceyhan port on Sunday.

Reuters photographs showed what appeared to be Islamic State fighters controlling a checkpoint at the border area of the Kurdish semi-autonomous region, little over 30 minutes' drive from Arbil, a city of 1.5 million that is headquarters of the Kurdish regional government and many businesses.

The fighters had raised the movement's black flag over theguard post. However, a Kurdish security official denied that the militants were in control of the Khazer checkpoint. The regional government said its forces were advancing and would "defeat the terrorists", urging people to stay calm.

For more information about related Opportunities and Key Players visit Iraq Oil and Gas Projects

Unrest in MENA - The New Oil Order

Transport of Hydrocarbons News in Iraq >>

Saudi Arabia >>  7/18/2019 - L&T Hydrocarbon Engineering Limited (LTHE) has been awarded another Mega project in the Marjan Field by Saudi Aramco. The Saudi company’s trust on LT...
Oman >>  7/17/2019 - JGC Corporation (hereinafter referred to as "JGC") announced today that it has been awarded a Front End Engineering and Design (FEED) contract under a...

Saudi Arabia >>  7/10/2019 - McDermott International, Inc. (MDR) has been awarded a contract in excess of $1.5 billion for Package 4 of Saudi Aramco's Marjan Increment Development...
Saudi Arabia >>  7/9/2019 - Saudi Aramco has awarded 34 contracts with a total value of $18 billion for the engineering, procurement and construction of the Marjan and Berri incr...

Kuwait >>  7/1/2019 - Kuwait Oil Company (KOC) and Halliburton have signed an Integrated Offshore Drilling Services contract for six high-pressure high-temperature (HPHT) e...
Saudi Arabia >>  7/1/2019 - Saudi Aramco and Baker Hughes, a GE company (BHGE) signed a memorandum of understanding to create a new joint venture facility in Saudi Arabia to man...

Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


Iraq Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.