Turkey's oil pipeline exploded International oil prices rose to their highest level in 7 years

author：Take a look at the news 2022-01-20 08:23:00

Turkey's oil pipeline exploded International oil prices rose to their highest level in 7 years

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2022-01-20 08:19

According to Turkey's Anadolu News Agency, an explosion occurred on the evening of the 18th local time near the town of Pazardzek in Kahraman Marash Province, southeastern Turkey, and after a brief interruption, the pipeline crude oil transportation has now resumed. The pipeline explosion has exacerbated global concerns about crude oil supply and pushed international oil prices up to their highest levels in seven years.

The fire sparked by the explosion reportedly spread to a nearby highway. After the accident, the road was blocked in both directions, and many fire and rescue personnel rushed to the scene to fight the fire. The Bottas Oil and Gas Pipeline Company, the operating company responsible for the oil pipeline, said on the 19th that the fire has been extinguished and crude oil transportation has returned to normal.

On the same day, the Iraqi Oil Ministry issued a statement saying that the oil pipeline affected by the explosion accident that caused the interruption of several hours has resumed crude oil transportation on the morning of the 19th, which can transport 75,000 barrels of crude oil per day. The accident will not affect the country's oil exports, which will be compensated for by increased production.

Foreign media reported that the explosion was related to the collapse of the electric tower.

The oil pipeline connects Kirkuk in northern Iraq with the port of Ceyhan in Turkey. The pipeline explosion once drove international oil prices soaring.

(Editor: Liu Yusi)

Turkey's oil pipeline exploded International oil prices rose to their highest level in 7 years

Turkey's oil pipeline exploded International oil prices rose to their highest level in 7 years

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