Subscribe free to our newsletters via your
. Oil and Gas News .




OIL AND GAS
Revenue cut by pipeline attacks, Kurdish government says
by Daniel J. Graeber
Erbil, Iraq (UPI) Aug 19, 2015


disclaimer: image is for illustration purposes only

The Kurdish government said theft and sabotage targeting an oil pipeline running to the Turkish sea port of Ceyhan has cost it around half a billion dollars.

A section of the Kirkuk-Ceyhan oil pipeline, running from northern Iraq to Turkish ports, was bombed in southern Sirnak province in Turkey in late July. The pipeline has a maximum capacity of around 400,000 barrels of oil per day and serves as a main artery for the export of oil from the Kurdish north of Iraq.

The Kurdish Ministry of Natural Resources said attacks, as well as pilfering, on the pipeline are a threat to the welfare of its constituents.

"The estimated revenue loss to the Kurdistan Regional Government caused by such attacks is $251 million," the ministry said in a statement. "This is in addition to the $250 million damage to KRG finances caused by the explosion on the pipeline at the end of July, making total losses in the period from July 1-Aug. 17 of $501 million."

The Turkish government blamed the militant Kurdistan Workers' Party, known by its Kurdish initials PKK, for the attacks. The PKK operates along the northern border with Iraq and the southern border of Turkey.

Turkey in July called for an emergency meeting of NATO to address the spike in regional violence. The alliance said terrorism poses a direct threat to security of NATO members and members of the international community.

The Kurdish government said exports through pipeline to the Turkish sea port of Ceyhan are a main source of revenue for the government. Without the revenue, the government said it can not pay for the salaries for the region's security force known as Peshmerga.

Last month, Norwegian energy company DNO International was joined its British counterpart Gulf Keystone Petroleum in offering assurances about the security of operations in the Kurdish north of Iraq.

Gulf Keystone Petroleum trucks crude oil across the border to Turkey for injection into a pipeline to the sea port of Ceyhan.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
Rail fading from North Dakota oil transit
Bismarck, N.D. (UPI) Aug 18, 2015
New pipelines operating in North Dakota have pushed the volume of crude oil by rail lower during the first half of the year, a state official said. Rail broke away from pipelines as the main source of crude oil delivery in 2012. The boom in shale oil production from the so-called Williston basin, hosting the Bakken and Three Forks shale formations, had outpaced pipeline capacity, leavin ... read more


OIL AND GAS
Fifteen US states try to block Obama clean power plan

Australia PM Abbott defends emissions target

Earth's 2015 quota of renewable resources used up: NGO

New Zealand puts bets on diverse energy mix

OIL AND GAS
Scotland examines next steps after coal plant closure

Reducing human health impacts from power statons

New ORNL hybrid microscope offers unparalleled capabilities

New research may enhance display and LED lighting technology

OIL AND GAS
BESC creates microbe that bolsters isobutanol production

Genes of a common pond algae reveal great potential

Biochemist studies oilseed plants for biofuel, industrial development

Turning cow poo into power is profitable for US farm

OIL AND GAS
Fifth Belgian reactor shuts down but no danger: operator

A small, modular, efficient fusion plant

What is the importance of nuclear power in Japan?

Japan ends nuclear shutdown sparked by Fukushima crisis

OIL AND GAS
Climate: butterflies on the brink, say study

Panama declares drought emergency

Australia pledges 26% s cut by 2030

End-of-century Manhattan climate index to resemble Oklahoma City today

OIL AND GAS
UAW blasts GM plan to sell Chinese-made cars in US

Toyota says workers injured, factory lines shut in Tianjin

China auto sales decline in July: industry group

Drivers challenge Uber business model in California

OIL AND GAS
Iraq PM condemns US officer's remarks on partition

UK families threaten lawsuit over Iraq war inquiry delay

Departing US army chief says Iraq may have to be partitioned

Iraq parliament approves PM's anti-corruption plan

OIL AND GAS



The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.