Arab Today, arab today iraq repairs oil pipeline after months of attacks
Last Updated : GMT 09:45:08
Arab Today, arab today
Arab Today, arab today

Runs from Kirkuk to the Turkish port of Ceyhan

Iraq repairs oil pipeline after months of attacks

Arab Today, arab today

Arab Today, arab today Iraq repairs oil pipeline after months of attacks

Worker at wheel-tap at Tawke oil field linked with Jihan Turkish pipeline in Zakho
Baghdad - Arab Today

Worker at wheel-tap at Tawke oil field linked with Jihan Turkish pipeline in Zakho Iraqi engineers began repairs Saturday to a northern oil pipeline that has been disabled for months by militant attacks, costing the country millions of dollars in lost revenues, officials said. The repairs to 40 kilometres (25 miles) of the pipeline, which runs from the northern province of Kirkuk to the Turkish port of Ceyhan, are expected to take between 10 days and two weeks, oil ministry officials said.
"The maintenance started today," ministry spokesman Assem Jihad told AFP.
"You can calculate the losses yourself," he said. "The pipeline has been down since March 2, and 300,000 to 400,000 barrels (of oil) per day have been suspended because of security and a series of attacks targeting the pipeline."
Jihad said security forces had carried out multiple operations against militant groups to ensure access to the pipeline.
He said there was now "a secure environment for technical teams to reach and fix the pipeline, to resume pumping operations without new sabotage."
An official in the state-owned North Oil Company forecast that the repairs would require up to two weeks, and would take place largely between the towns of Sharqat, in Salaheddin province, and Ain al-Jahash, in Nineveh further north.
Iraq is heavily dependent on oil exports, which account for more than 90 percent of government revenue and more than two-thirds of gross domestic product, according to the International Monetary Fund.
Efforts to diversify the economy have stalled, and Baghdad has sought to dramatically ramp up oil exports in a bid to rebuild the country's infrastructure, which has been badly damaged by decades of conflict and sanctions.
But while sales from its southern ports have steadily increased, sabotage has repeatedly hit the Kirkuk-Ceyhan pipeline.
In June 2011, Iraq exported 16.4 million barrels of oil through the pipeline, but that figure has been in fitful decline since, bottoming out last month, when no sales were recorded via Ceyhan.
Exports nevertheless averaged 2.5 million barrels per day in April, after reaching 2.8 million bpd in February, its highest level in decades.
Despite the steady increase in oil exports, many Iraqis complain that much of the windfall is lost to state corruption and that the proceeds have not markedly improved daily life.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iraq repairs oil pipeline after months of attacks Arab Today, arab today iraq repairs oil pipeline after months of attacks

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iraq repairs oil pipeline after months of attacks Arab Today, arab today iraq repairs oil pipeline after months of attacks

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq's Barzani isolated by his drive

GMT 04:36 2017 Tuesday ,24 October

Iraq's Barzani isolated by his drive
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU targets German carmakers

GMT 05:41 2017 Tuesday ,24 October

EU targets German carmakers
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today Sherine Reda frustrated of latest terrorist attacks

GMT 09:03 2017 Monday ,23 October

Sherine Reda frustrated of latest terrorist attacks
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:12 2017 Saturday ,21 October

Donia Abdel Aziz aspires to return to cinema

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 08:06 2017 Tuesday ,24 October

Second Palestinian mobile provider enters Gaza

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday