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Markets

Iraq oil flow to Turkey restarts after blast

Published August 8, 2012 Updated August 8, 2012 08:42pm

oil-barrelBAGHDAD: Oil flow on the Kirkuk-Ceyhan pipeline from Iraq to Turkey's Mediterranean coast began again on Wednesday, on a second line unaffected by an explosion over the weekend, an Iraqi oil ministry spokesman said.

"Iraq started oil exports through the Kirkuk-Ceyhan pipeline at 3pm and at around 350,000 barrels per day," Iraqi oil ministry spokesman, Asim Jihad, told Reuters.

Jihad said he expected flows to increase to over 400,000 barrels per day over the "coming days."

Copyright Reuters, 2012

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