BR100 Decreased By (-0.04%)
BR30 Decreased By (-0.3%)
KSE100 Decreased By (-0.03%)
KSE30 Decreased By (-0.04%)
AGHA 6.71 Increased By ▲ 0.03 (0.45%)
BECO 4.39 Increased By ▲ 0.02 (0.46%)
BML 57.01 Decreased By ▼ -0.31 (-0.54%)
BOP 30.29 Decreased By ▼ -0.06 (-0.2%)
CNERGY 13.10 Decreased By ▼ -0.02 (-0.15%)
CSIL 5.33 Decreased By ▼ -0.08 (-1.48%)
FCCL 52.61 Decreased By ▼ -0.18 (-0.34%)
FFL 14.62 Decreased By ▼ -0.10 (-0.68%)
FNEL 1.13 Increased By ▲ 0.01 (0.89%)
KEL 6.10 Increased By ▲ 0.01 (0.16%)
KOSM 6.15 Increased By ▲ 0.42 (7.33%)
LOTCHEM 26.50 Increased By ▲ 0.04 (0.15%)
MLCF 93.14 Decreased By ▼ -0.02 (-0.02%)
NBP 164.70 Increased By ▲ 0.04 (0.02%)
NCPL 55.57 Decreased By ▼ -0.09 (-0.16%)
NPL 60.72 Decreased By ▼ -0.44 (-0.72%)
OGDC 315.90 Decreased By ▼ -0.83 (-0.26%)
PACE 9.99 Increased By ▲ 0.12 (1.22%)
PAEL 35.59 Decreased By ▼ -0.04 (-0.11%)
PIBTL 14.86 Increased By ▲ 0.18 (1.23%)
PPL 224.65 Decreased By ▼ -2.26 (-1%)
PRL 92.90 Decreased By ▼ -0.12 (-0.13%)
PTC 60.19 Decreased By ▼ -0.07 (-0.12%)
SSGC 23.78 Decreased By ▼ -0.03 (-0.13%)
TBL 8.78 Increased By ▲ 0.03 (0.34%)
TELE 7.79 Decreased By ▼ -0.01 (-0.13%)
TPL 22.35 No Change ▼ 0.00 (0%)
TPLP 12.85 Decreased By ▼ -0.12 (-0.93%)
TREET 22.16 No Change ▼ 0.00 (0%)
TRG 56.51 Decreased By ▼ -0.05 (-0.09%)
By

ISTANBUL: Turkey’s state oil operator said on Wednesday it had resumed crude flows through a ruptured pipeline linking Iraqi energy fields with international markets.

Tuesday’s blast along the Kirkuk-Ceyhan link in southern Turkey contributed to a rise in international crude oil prices to a seven-year high.

The pipeline normally carries more than 450,000 barrels a day from oil fields in northern Iraq to a Turkish port on the Mediterranean Sea.

Turkey’s state oil operator Botas said the fire had been fully extinguished late Tuesday but gave no indication for what caused the blast.

“All the necessary precautions have been taken by Botas teams and the oil flow has resumed,” the company said.

Officials near the site of the explosion in the city of Kahramanmaras said early findings showed the rupture and subsequent blast were caused by “an electricity pole that overturned in adverse weather conditions”.

The incident occurred during heavy snowfall in a sparsely populated region of southern Turkey.

Images on social media showed huge fireballs illuminating the night sky in snow-covered fields. Local officials said the blast also briefly halted traffic along a local highway.

Comments

Comments are closed for this article.