Oil firms BP and Eni have cancelled more tanker loadings from the Turkish port of Ceyhan due to a lack of oil in tanks owned by Iraqi state oil firm Somo after Iraq's semi-autonomous region of Kurdistan ramped up independent oil sales.
Crude flow in the Iraqi pipeline carrying Kirkuk and Kurdish oil to Turkey's Mediterranean port of Ceyhan resumed after a technical problem was fixed, an official at Turkish state pipeline operator Botas told Reuters.
Iraq's state oil marketer Somo will sell its first cargoes out of the Turkish port of Ceyhan since March at the end of November after reaching a deal with the Kurdistan Regional Government last week, market sources said.
Iraqi Kurdistan plans to increase the capacity of its oil pipeline via Turkey to 700,000 barrels per day (bpd) following upgrade work, industry sources and officials said.
It will raise the flow to 400,000 bpd
Iraqi Kurdistan has shipped over 8 million barrels of oil from the Turkish port of Ceyhan since May, sources and energy officials said, as the autonomous region employs new tactics to establish independent oil sales in defiance of Baghdad.
Crude oil flows through the Iraq-Turkey pipeline, known as Kirkuk-Ceyhan, stopped on July 21 due to a leak, a regional shipping source said.
The pipeline delivers Iraq's medium sour Kirkuk grade to the Turkish port of Ceyhan o
The flow of Iraqi crude from the northern Kirkuk fields to the Mediterranean port of Ceyhan has stopped due to an electrical problem on a part of the pipeline inside Turkey, shipping agents said on Monday.
Pumping stopped late on Sunday, o
The flow of oil through the pipeline from Iraq's Kirkuk oilfields to the Turkish port of Ceyhan was halted on Saturday morning, and repairs could last up to 72 hours, sources at Iraq's North Oil Company said.
'We do not so far
Iraq has agreed with Turkey to renew an accord to operate an oil pipeline from Kirkuk to the Mediterranean port of Ceyhan, a senior Iraqi oil official said on Wednesday.
Both sides are expected to sign an agreement soon, Iraq's deputy