RealNews

Bomb Explosion Damages Iraqi Oil Pipeline

Insurgents bombed an oil pipeline in southern Iraq, setting off a huge blaze and slashing daily Iraqi oil exports by about 25 percent, or 450,000 barrels per day, an official said Monday. Insurgents have often attacked the much smaller northern pipeline to Turkey but attacks against Iraq’s southern oil facilities, which account for almost 90 percent of the country’s exports, have been rare. Militants set off the bomb Saturday under the Faw oil pipeline, some 35 miles south of the main southern city of Basra, said an engineer at Iraq’s Southern Oil Company, speaking on condition of anonymity. Firefighters have been fighting the blaze since it began, said Jabber Luyaibi, director general of Iraq’s Southern Oil Company. Full Story

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