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Iraq’s NOC halts crude exports through Turkey

: Sunday, March 16 - 2014 @ 01:39

The flow of crude through the Kirkuk-Ceyhan pipeline remained halted Friday, causing exports of Iraq’s Kirkuk, which loads out of Ceyhan on the Turkish Mediterranean Coast, to come to a halt, Platts has reported, citing traders and shipping sources. Production at the state-run North Oil Co was halted by a bottleneck in storage at the field, a company official said. “Kirkuk is not pumping for 12 days now and there are eight or nine vessels in the terminal queue waiting to load,” a Mediterranean trading source said. “We have had 25% of our nominated volumes cut and further delays,” said one regular lifter of the grade. “We have a loading at the end of March and do not expect to be loaded on time.”

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Sunday, March 16- 2014 @ 1:39 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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