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Southern Iraq's oil exports shut down by weather, power

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leftchick Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-23-05 05:13 PM
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Southern Iraq's oil exports shut down by weather, power
http://www.boston.com/dailynews/023/economy/Southern_Iraq_s_oil_exports_sh:.shtml

DUBAI, United Arab Emirates (AP) A power cut followed by strong winds have shut down Iraq's southern oil terminals since Saturday afternoon, leaving tankers backed up in the Gulf waiting to load Iraqi crude, an oil shipping agent in Iraq said Sunday.

The power failure on Iraq's tattered electrical grid prevented oil from flowing and high winds and rough seas have kept the massive oil tankers from pulling alongside Iraq's two offshore oil terminals at Basra and Khor al-Amaya, said the agent, who spoke on condition of anonymity.

Both Iraqi terminals remained closed Sunday morning.

The delays have curbed Iraq's oil export lifeline and compounded the wait from previous weather and power-related shutdowns, he said.

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HysteryDiagnosis Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-23-05 05:22 PM
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1. They are shipping out oil.... and they are waiting sometimes 3 days for
gasoline. Curious to say the least.
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