Page added on January 21, 2008
Iraq has suspended crude oil exports from its northern oil fields due to a fault on the pipeline that carries crude from the Kirkuk oil fields to Turkey’s Ceyhan port, an Iraqi oil official said Monday.
“The pipeline is shut down because there is a fault at one point of the line,” the official told Dow Jones Newswires. He gave no details of the causes of the fault.
He said North Oil Co. technicians are repairing the fault but didn’t know how long it would take.
Kirkuk crude oil stores at Ceyhan are very low, the official said.
Acts of sabotage against the northern export pipeline has rendered it idle for most of the time barring the last four months since the U.S.-led invasion of Iraq in March 2003.
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