Explosion shuts down Iraqi oil pipeline
Oil Ministry spokesman Asim Jihad has stated that the shutdown was caused by a bomb planted by insurgents, which severed the pipeline near the town of Shurqat, 250 km north or Baghdad.
Currently, Iraq produces 2.6 million bpd of crude oil, of which some 2 million barrels are exported.
The pipeline transports up to 400,000 bpd of oil into Turkey. The damage is expected to take three days to repair. It is thought that Turkey has significant reserves that will prevent any immediate supply problems caused by the stoppage.
Read the article online at: https://www.worldpipelines.com/business-news/10032011/explosion_shuts_down_iraqi_oil_pipeline/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Fox Innovation & Technologies (FOX) acquires Sirio Solutions Engineering (SSE) S.p.A.
SSE will add complementary services and international exposure to the FOX footprint.
