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Fifth cargo of Kurdish crude oil from Ceyhan completes loading, heads south

Increase font size  Decrease font size Date:2014-08-04   Views:331
The tanker carrying the fifth cargo of Kurdish crude to load out of the Turkish port of Ceyhan is currently heading south through the eastern Mediterranean with a destination of Port Said in Egypt, according to Platts vessel-tracking software c-Flow.

The crude tanker Kamari finished loading its cargo of 1 million barrels of medium sour crude from the Kurdish region of northern Iraq on Thursday.

Cardiff Tankers, owners of the Kamari, declined to comment.
The flow of crude from Kurdistan has not yet been restarted following the lifting of the fifth cargo, an official from Turkey's energy ministry said Friday.

The official said that prior to the lifting, the tanks at the Botas-operated Ceyhan terminal allocated for crude from Kurdistan were full and for that reason flow had been halted.

He said that despite the completion of the lifting, flows have not yet restarted and as yet it is still unclear when it will be restarted.

The official also said it was unclear when the next lifting would occur.

Only one of the five cargoes has been fully offloaded so far -- the cargo discharged at Ashkelon in Israel, reportedly into storage, in June.

But according to market sources and ship-tracking data, part of the United Emblem's 1 million barrel cargo was offloaded on Thursday, either via lightering vessels or onto another tanker.

United Emblem is currently west of Malaysia.

The two remaining waterborne cargoes on United Leadership and United Kalavrvta are currently offshore Morocco and Texas, respectively.

United Leadership has been outside of Morocco for nearly two months after reportedly being turned away from Mohammedia, while the oil on United Kalavrvta is currently the subject of a lawsuit in the United States.
 
 
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