Do More With Reuters
Partner Services

UPDATE 2-Iraq restarts Turkey oil shipments-Botas sources

Tue Aug 5, 2008 1:56pm IST
 
Email | Print | | Single Page
[-] Text [+]

(Adds oil in storage, tanker waiting)

ANKARA, Aug 5 (Reuters) - Iraq resumed shipping oil through its northern pipeline to Turkey on Tuesday morning at a rate of 400,000 barrels per day (bpd), two high level officials from Turkey's pipeline company Botas told Reuters.

The flow through the pipeline to Turkey stopped on Monday for an unknown reason.

The line is Iraq's secondary export route, transporting crude from the northern fields around Kirkuk to the Turkish Mediterranean oil terminal at Ceyhan.

Iraq ships most of its exports through its main export terminal at Basra, which handles about 1.6 million bpd.

Around 750,000 barrels of Iraqi oil was in storage at Ceyhan on Tuesday, a shipping agent said.

A ship was waiting to berth to load a million barrels for Italian refinery ENI (ENI.MI: Quote, Profile, Research), the agent added.

The pipeline to Turkey was pumping at around 300,000 bpd before the stoppage.

The export route was plagued by sabotage and technical problems after the U.S. invasion of Iraq in March 2003. Tighter security has allowed Baghdad to increase the flow during the past year.

Turkey suspended oil shipments from Iraq through the pipeline temporarily due to an unpaid debt in July. (Reporting by Orhan Coskun, additional reporting by Simon Webb in Dubai; writing by Thomas Grove)

Pigeons fly in front of Taj Mahal hotel in Mumbai November 26, 2009. Mumbai's police paraded past some of the city's landmarks in a show of strength as India's financial hub marked the first anniversary of militant raids that killed 166 people and ratched up tensions with Pakistan. The hotel was one of the sites of the attacks. REUTERS/Arko Datta
One Year Later

Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and ratcheted up tensions with Pakistan.  Slideshow | Full Coverage 

A supporter of Bharatiya Janata Party (BJP) holds a picture of BJP leader Lal Krishna Advani during an election campaign rally in Balasinor, about 90 km (56 miles) east of Ahmedabad, April 14, 2009. REUTERS/Amit Dave
Liberhan Commission Report

The government published a long awaited report, recently leaked, accusing BJP leaders of a role in the 1992 destruction of the Babri mosque in Ayodhya.  Full Article 

Thierry Henry's handball scandal

Barcelona's Thierry Henry takes part in a training session at Nou Camp Stadium in Barcelona, November 23, 2009. Barcelona and Inter Milan will play their soccer Champions League match on Tuesday. REUTERS/Albert Gea
FIFA to hold meeting

FIFA to hold an extraordinary meeting before World Cup draw to discuss Thierry Henry's handball in the qualifiers and discovery of match-fixing ring by German police.  Full Article