Middle East Economic Survey


No 36



Sabotage Derails SOMOs Efforts To Sell Kirkuk Crude On Term Basis

Saboteurs during the evening of 2 September detonated a bomb on Iraqs northern oil export pipeline causing a huge explosion and fire. Security officials said it was the most devastating act of sabotage since the targeting of oil facilities began nearly 18 months ago. Exports to Ceyhan were immediately halted until further notice. The sabotage of the export pipeline...