Iraq Oil Exports Cut in Half After Attack

[Snazzy]

Iraq Oil Exports Cut in Half After Attack


Aug 26, 6:11 PM (ET)

By ABBAS FAYADH

BASRA, Iraq (AP) - A sabotage attack on a cluster of about 20 oil pipelines in southern Iraq has cut exports from the key oil producing region by half, a top oil official said Thursday.

It was the latest insurgent attack to set back Iraq's oil sector, a key source of funding for reconstruction.

The pipelines were attacked late Wednesday in Berjasiya, 20 miles southwest of the southern city of Basra, an official with the state-run South Oil Co. said on condition of anonymity.

Oil exports out of southern Iraq average about 1.85 million barrels a day. The oil official said Wednesday's sabotage cut exports to 900,000 barrels. The country's southern pipelines export 90 percent of Iraq's oil.

....

http://apnews.myway.com/article/20040826/D84N60480.html

(open ffor four days! new record.)

[cthrumatrix]

1. ms cleo has validated the 1/2 number.... who in the hell knows the truth

[phantom power]

2. It makes me wonder: what percentage of their oil is now being

burned by all these pipe bombings? 5%? 10%? 50%?

Damned waste. It's bad enough when we use it, but this is just throwing it away.

[TheWraith]

3. Not that much.

They have flow controls in place to insure that a breeched pipeline doesn't result in too much oil being released. The amount destroyed or lost in these attacks is probably only in the thousands of barrels. That sounds like a lot, but not really when compared to 1.8 million barrels per day.

[NeoConsSuck]

4. Good. Now all they have to do is shut down the other half..

teach the neocons it's not acceptable to kill people for their oil.

[goforit]

5. OOOps......never thought they would ever retaliate!

Who would've thunk it.

[GOPAgainstGW]

6. German Intelligence Say Iran Responsible

and retaliated for U.S. flying warplanes over Iranian airspace and testing their air and missile defense system two days ago.

Hey picture looks likes what is happening to Bush-Cheney campaign!!!!!!!!!!

[al bupp]

7. That's an Interesting Claim,

Care to provide a link?

[Geo55]

8. Damn terra ists , insurgents , resistance , ....

Looks like they're preventing a decent return on Bushco's (our) investment....why won't they let us have OUR OIL !