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Oil exports halted at new Iraq terminal, technical glitches blamed

22 March 2012

Crude exports from Iraq's new offshore oil export terminal have been halted for the past week due to technical glitches after loading only a single tanker, Reuters has reported, citing two sources at the state-owned South Oil Co (SOC). "Loading operations at the floating terminal were halted as of March 13 due to technical and operational problems," said a source from SOC. "We have problems in the control system of the terminal and some valves also need to be fixed," said another SOC source.

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