Iraq/Kurdistan/Turkey: Iraqi Kurdistan Says Oil Pipeline Sabotage Cost It $501 mln

Aug 18, 2015 | Reuters
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Repeated sabotage by "organised gangs" of the oil pipeline from northern Iraq to Turkey has cost the autonomous Kurdistan region $501 million since July 1, its ministry of natural resources said on Tuesday. The flow of oil is currently suspended due to a theft attempt on the pipeline, which runs to the Turkish port of Ceyhan from fields in Iraq's Kurdish north and Kirkuk.