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Article: Iraqi exports resume after power outage forces brief halt.
- Article from:
- The Oil Daily
- Article date:
- August 23, 2005
- Author:
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Oil exports resumed at Iraq's southern Basrah terminal on Monday afternoon after an electrical power outage forced shippers to suspend loading for 12 hours, briefly causing a rally in the crude markets (see page 3).
An official of Iraq's South Oil Co. said two tankers had resumed loading after power was restored at about 3 p.m. local time, but he provided no further details.
Shipping agents in Basrah told Oil Daily that the supertanker Arosa and the mediumsized tanker Toledo Spirit resumed loading at a combined rate of 19,000 barrels per hour, or 456,000 b/d.
The power outage started at 4.30 a.m. local time when the two vessels were already ...