Northern oil export pipeline offline after massive earthquake
Precautionary outage is expected to be temporary as Turkish authorities work to confirm pipelines, pumping stations, and export infrastructure were not damaged.
Oil tanks at Turkey's Mediterranean port of Ceyhan, which is run by state-owned Petroleum Pipeline Corporation (BOTAS). (UMIT BEKTAS/Reuters)
Turkey shut down the oil pipeline used by both the federal Iraqi government and the Kurdistan Regional Government to export crude oil to the Mediterranean terminal of Ceyhan on Feb. 6 as a precautionary measure after a massive earthquake struck southern Turkey.
The volume of crude that is transported through the Iraq-Turkey Pipeline (ITP) system in January was about 428,000 barrels per day (bpd), the bulk of it KRG crude exported independently of Baghdad.
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