Iraq Oil Exports 2.5m Bpd In April

Posted by Greg Trauthwein
Saturday, April 26, 2014
Iraq said it had exported an average of 2.5 million barrels per day (bpd) of oil in April so far, exceeding its figures in March, and would have sent out even more if insurgents had not sabotaged its northern pipeline.
 
Deputy Prime Minister for Energy Hussain al-Shahristani said the figure could have reached 3.2 million bpd without the damage and if the autonomous Kurdistan region had met its 400,000 bpd target.
 
In March, Iraq reported a 2.39 million bpd average.
 
"Regrettably, the security forces failed to secure the northern export pipeline, or we would have been capable of exporting between 2.8 and 3 million bpd, even without a contribution from the Kurdish region," Shahristani said.
 
Kurdistan has not exported any oil via Iraqi infrastructure for more than a year due to an ongoing row with the federal government over resource rights and revenue sharing.
 
Nevertheless, exports averaged 2.4 million bpd in the first quarter of 2014, Shahristani added.
 
No oil has flowed through the northern export pipeline to Turkey since early March when it was bombed, and repair-work is on hold because insurgents have killed technicians sent to fix it.
 
"The northern export pipeline still shut down due to the terrorist operations and the spread of ISIL groups along the pipeline passage areas," Shahristani said.
 
(Reporting by Ahmed Rasheed; Writing by Isabel Coles; Editing by Erica Billingham)
 
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

Louisiana to Get Natural Gas Liquefaction and Fueling Facility

Tenaska Bayou LNG expected to meet growing marine, transportation and oil and gas exploration and production demand on the Gulf Coast Tenaska NG Fuels, LLC and Waller Marine, Inc.

ABB WinsTunisia's Gas Treatment Plant Bid

ABB, the leading power and automation technology group, has been awarded a $216 million contract to deliver a gas treatment plant to the South Tunisian Gas Project (STGP).

GasLog Closes First Option Vessels Dropdown

GasLog Ltd.  announced today the closing of the sale of two modern liquefied natural gas (“LNG”) carriers, the Methane Jane Elizabeth and Methane Rita Andrea,

Intermodal

K-Line to Plead Guilty to Price Fixing

Kawasaki Kisen Kaisha Ltd. (K-Line), a Japanese corporation, has agreed to plead guilty and to pay a $67.7 million criminal fine for its involvement in a conspiracy to fix prices,

U.S. Maritime Security: The Portunus Concept

The mission of the Lawrence Livermore National Laboratory (LLNL) is to strengthen United States’ security through development and application of world-class science and technology.

New Portal Crane for Schwedenkai Intermodal Handling

Port of Kiel invests in hinterland rail links. A new portal crane has arrived at Kiel’s Schwedenkai Intermodal Terminal, meaning that trains involved in rail-ship

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1760 sec (6 req/sec)