Iraq pumps oil to Turkey after repair of pipelines

Mar 03, 2004 01:00 AM

Iraq, the world's second-largest holder of oil reserves, is pumping oil to the Turkish port of Ceyhan for the first time in months after completing repairs caused by sabotage, the top US adviser to the Oil Ministry said.
Oil is flowing from northern Iraq to the Mediterranean Sea "as part of a testing process," Mike Stinson said. The testing began before Stinson took over as adviser to the Oil Ministry on Feb. 24, he said.

Stinson wouldn't say how much oil is reaching Ceyhan now. The aim is to pump about 200,000 bpd through the pipeline, he said.
The pipeline, which can carry as much as 800,000 bpd, opened for a few days last year following the US-led March invasion, then closed after it was attacked again.

About 6 mm barrels of crude had already reached Ceyhan since pumping started about two weeks ago, according to local port agents. The export terminal has 12 storage tanks dedicated for Iraqi oil, each with a capacity of 1 mm barrels.
Iraq last exported oil through Turkey in June, when about 8 mm barrels of Kirkuk crude, which was held in storage during the US-led war, was shipped to European oil refiners.

Source: Bloomberg News
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