Crude Flows Again At Ceyhan

Thursday, January 25, 2001
Iraqi crude oil exports were flowing again at the Turkish port of Ceyhan, where the second vessel this year was finishing lifting and three new cargoes were expected to turn up soon, industry sources said. The sources said the Marina M, which recently replaced the earlier chartered Seadancer, has just about finished lifting one million barrels of Kirkuk crude and the two million barrel Amazon Falcon is already berthed and waiting. Three new vessels are also expected before month's end, with the one-million-barrel Crudesky due to arrive on January 27, and two very large crude carriers (VLCCs) -- the Orient Tiger and the Front Champion -- seen on the 28th and 29th, the sources said. Iraq's state oil marketing organization (SOMO) has listed the three new tankers as expected, but has not issued final approval for them to load. The United Nations, which oversees Iraq's exports, has also not yet approved them. The pipeline that carries Iraqi oil through Turkey to the port was also pumping, but at a reduced rate, they said. Oil exports from Ceyhan resumed last Sunday with the loading of the Super Lady -- the first ship to load this year and only the second to lift since Baghdad began demanding an illegal surcharge paid into a non-U.N. account at the end of November. Loadings at Iraq's Gulf port of Mina al-Bakr, its only other U.N.-approved export point under the oil-for-food program, continued smoothly, the sources said. Iraqi oil exports in the week ended January 19 totaled 814,000 bpd, according to the United Nations. Before Baghdad implemented its surcharge demand, supplies had been running at around 2.3 million bpd.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navigation

Raytheon Anschütz Selected as INS Provider for Canada’s OFSV

Raytheon Anschütz Selected as INS Provider for Canada’s OFSV   Thales, a major system integrator in Canada, has chosen Raytheon Anschütz as the supplier of the

Danelec Bags Multiple VDR Orders in Middle East

Danelec Marine, along with distribution partner Elcome International, is to supply Danelec DM100 Voyage Data Recorders (VDRs) for 14 ships in the Middle East.   The

Maritime Future Summit: Digital Shipping

Autonomous ships, smart on-board systems: At the Maritime Future Summit on September 5, industry leaders will discuss the future of shipping. For the first time

Energy

Strike In France: Implications for Tanker Demand

After the oil industry suffered from a severe drought in Venezuela, forest fires in Canada and rebel attacks on oil installations in Nigeria, it is now facing

Floating Storage Flattens Fortunes of $50 Crude

The prices of WTI and Brent crude briefly rose above $50/bbl during intraday trading on Thursday, the highest level seen since the end of July 2015, giving traders a brief moment of optimism,

GloMEEP Project Forges Ahead with Train-the-Trainer Workshop

A global Train-the-Trainer workshop on energy efficiency has been delivered in China (23-27 May), preparing the personnel needed to cascade knowledge on energy

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Salvage Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0755 sec (13 req/sec)