ENERGY

Iraq’s exports from Kirkuk fields drop on power outages, says official

OPEC’s second-largest producer after Saudi Arabia, Iraq exports most of its oil through the southern ports, on the Gulf. (File photo: Reuters)

Iraq’s exports from the Kirkuk oil field through an export pipeline to Turkey have dropped because of power outages, an official at state-run North Oil Co. said on Saturday.

Exports are currently running at 100,000 barrels per day (bpd), compared with 133,000 bpd in October, the official said.

The pipeline delivers crude to Turkish terminal of Ceyhan, on the Mediterranean. It also carries crude produced in fields developed by the Kurdistan Regional Government (KRG), an autonomous region in north Iraq.

OPEC’s second-largest producer after Saudi Arabia, Iraq exports most of its oil through the southern ports, on the Gulf. 

September figures 

Total exports for September, including the KRG, were 3.871 million bpd, of which 3.276 million bpd were shipped from the southern ports, according to the last figures published by the nation’s state-oil marketer SOMO, in October.

North Oil resumed exports through the Kurdish-controlled pipeline in August, after a five-month halt caused by a dispute on oil revenue sharing between Baghdad and the KRG.

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Last Update: Saturday, 19 November 2016 KSA 14:42 - GMT 11:42
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Iraq’s exports from Kirkuk fields drop on power outages, says official
Currently running at 100,000 barrels per day (bpd), compared with 133,000 bpd in October
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