Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Oil

Iraq-Turkey oil export pipeline seen back in 72 hours after new attack

Oil | Crude Oil | Oil Risk | Shipping | Marine Fuels | Tankers

Saudi shut-in after attacks, and an exploding scrubber: just another week in oil

Oil

Platts Market Data – Oil

NGL | Oil | Crude Oil | LPG | Oil Risk | Petrochemicals

Platts University New York

Oil | Crude Oil | Oil Risk | Refined Products | Gasoline

Crude settles lower as Saudi attacks take back seat to growth concerns

Iraq-Turkey oil export pipeline seen back in 72 hours after new attack

Highlights

Industry players, upstream and downstream markets, refineries, midstream transportation and financial reports

Supply and demand trends, government actions, exploration and technology

Daily futures summary

Weekly API statistics, and much more

The key northern oil pipeline from Iraq to the Turkish port of Ceyhan is expected to resume flows within 72 hours following yet another explosion on the line on Sunday, sources said Monday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

A bomb placed under the Kirkuk-Ceyhan line in Iraq's Ninewa province exploded early Sunday halting flows, a senior Iraqi oil official told Platts.

"The exports were completely stopped from Kirkuk," said the senior official with the state-run North Oil Company, who asked not be identified.

The official said the explosion took place in Ain al-Jahsh, south of the city of Mosul, in the middle of an area increasingly rife with al-Qaeda and other militants.


A crude trader said Monday it was expected to take 72 hours to repair the damage.

However, another said the flow was completely halted and there were "no views when it will resume."

The pipeline had been operational for just two weeks since the last attack, on June 21, which kept the route offline until July 17.

Like the previous attack, technicians are having problems reaching the point of repairs because of security issues.

"It is an area where the insurgents and armed groups, as well as Al-Qaeda have presence there," said a second senior NOC official.

The pipeline to Turkey has been averaging around 300,000 b/d when it is online.

It has a nameplate of nearly 1.6 million b/d capacity but disrepair, frequent attacks and field production problems have scaled back real capacity.

--Staff reports, newsdesk@platts.com
--Edited by James Leech, james.leech@plats.com