Iraq: Oil Output in Iraq's Kirkuk Slumps 90 percent

Sep 4, 2014 | Humeyra Pamuk, Reuters
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Oil output in Iraq's Kirkuk has slumped to 30,000 barrels a day since June, 90 percent down on earlier this year, and a federal pipeline to the Turkish port of Ceyhan may be out of action for over a year due to sabotage, Kirkuk's governor said on Thursday.

Islamic State (IS) fighters have seized swathes of territory in lightning offensives in the arid but oil-rich north of the country, and have repeatedly attacked oil installations.

In February this year Iraqi oil production hit record highs of 2.8 million bpd nationwide, with an estimated 300,000 bpd coming from the northern province of Kirkuk.