Major Oil Producer In Kurdistan Shuts Down Fields After Export Halt ...Middle East

Economy by : (OILPRICE) -
The company pumping a quarter of Kurdistan’s crude oil exports, Norway-based DNO ASA, said on Wednesday it had started an orderly shutdown of its oil fields in the semi-autonomous region of Iraq, following the suspension of oil exports from Kurdistan via the Turkish port of Ceyhan. Kurdistan’s crude oil exports – around 400,000 bpd shipped through an Iraqi-Turkey pipeline to Ceyhan and then on tankers to the international markets – were halted late last week by the federal government of Iraq. Last week, the International…

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