SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Razorbak who wrote (40540)3/21/1999 9:36:00 PM
From: Captain James T. Kirk  Respond to of 95453
 
Turkey Pipeline Blast Cuts Oil Flow

ANKARA, Turkey (AP) - An explosion damaged part of the oil pipeline linking Iraq to Turkey on Sunday, cutting the flow of oil, a pipeline official said.

The cause of the blast was unknown, said the official, speaking on customary condition of anonymity from the site of the explosion in Midyat in the southeastern province of Mardin.

Workers extinguished a fire caused by the blast. It was not clear when the flow of oil could resume through the pipeline. Mardin Gov. Fikret Guven the damage was light.

About half the oil Iraq exports - 1 million barrels a day - flows through the pipeline.

Guven said authorities were not ruling out the possibility of sabotage.

Kurdish rebels fighting for autonomy in southeastern Turkey have targeted the pipeline in the past.

Oil transport between Iraq and Turkey resumed earlier this month after U.S. warplanes attacked the Iraqi communications centers that controlled the flow of the pipeline's oil.

Iraq has been barred from exporting oil freely since U.N. sanctions were imposed in 1990 to punish Iraq for invading Kuwait. Under a U.N. oil-for-food program, Iraq can sell $5.2 billion of oil over six months to buy food, medicine and other humanitarian goods.

Earlier Stories

Blast Cuts Iraq-Turkey Pipeline (March 21)



To: Razorbak who wrote (40540)3/21/1999 9:37:00 PM
From: Captain James T. Kirk  Respond to of 95453
 
Cyclone shuts in Griffin oil output - BHP
MELBOURNE, March 22 (Reuters) - Oil production at the 58,000 barrels per day Griffin field has been shut in since late last Friday to avoid damage from cyclone Vance off Western Australia, operator The Broken Hill Pty Co Ltd said on Monday.

A BHP spokesman said production could restart on Thursday, if the storm dissipates by then.

''Depending on sea states and where the storm goes, probably back, say, on Thursday,'' the spokesman said.

He said Griffin's boat was unhooked from the riser on Friday, heading west away from cyclone Vance, which was moving toward Onslow on land.

Cyclones in the area are not unusual, and the spokesman said the company accounted for occasional production disruptions in its annual planning.

--------------------------------------------------------------------------------