Explosion stops oil exports
AFP via News 24
03/09/2005 18:05  - (SA)  
http://www.news24.com/News24/World/Iraq/0,,2-10-1460_1764685,00.html

Kirkuk - Oil exports from Iraq's northern fields were completely
halted on Saturday following a rebel attack on a major pipeline west
of the oil centre of Kirkuk, an Iraqi oil industry official said.

"We have some interruption in the pipeline. There are no exports at
all right now," the official said on condition of anonymity.

He said he had "no idea" when exports might resume since the scale of
the damage had not yet been assessed.

An official in charge of oil installation protection said the
explosion occurred after insurgents ignited an oil leak.

"Rebels set fire to some crude oil that was leaking from the pipeline.
The fire then engulfed the pipeline, setting off an explosion," said
Captain Ali Obeidi.

The pipeline links the four Kirkuk oilfields to the Baiji refinery 200
kilometres north of Baghdad.

Kirkuk's oil exports are pumped to Ceyhan in Turkey and exports can
currently reach up to 350 000 barrels per day, though limited storage
capacity means pumping is restricted to around three days a week.

Iraqi oil installations are also a frequent target of rebel attacks,
especially the country's restive north.

Earlier this week, officials said attacks on oil installations
averaged 25 a week.

In late August, oil exports from southern fields around Basra were
interrupted for a short time because of a power failure that may have
been caused by a sabotage.

At least two thirds of Iraq's 1.6 million barrels per day of oil
exports come from the southern oilfields.

Iraq's vast oil reserves, the world's second biggest after Saudi
Arabia, are largely concentrated in the north and in the south of the
country.

In early August, Oil Minister Ibrahim Bahr al-Ulum said oil exports
and revenue had reached their highest levels since the US-led invasion
of March 2003. 

http://www.news24.com/News24/World/Iraq/0,,2-10-1460_1764685,00.html








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