Partial crude oil exports re-start after suspension

(21 Jun 2004) SHOTLIST Basra, 21 June 2004 1. Exteriors of offices 2. Flag flying 3. Dominic d'Angelo walking out of building 4. SOUNDBITE: (English) Dominic d'Angelo, spokesman for Coalition: "So the position is that the 42-inch pipeline has been repaired. Oil is once again flowing through the Khor al-Amaya and the Mina el-Baqr oil terminals to the tankers that are already waiting to receive it. And that once the 48-inch pipeline has been repaired, probably later on this week, you can estimate that 2 (m) million barrels a day of oil will be exported once again from Iraq. At the moment, SOMO, the State Owned Marketing Organisation estimates that around one (m) million barrels a day can be exported through using the 42-inch pipeline on its own. At the same time, Iraq is also continuing to refine its own oil for domestic use to produce benzine and kerosene and diesel and it's also continuing to import oil for domestic use to meet the gap between its own refining capacity and its daily needs." Dibis, western Kirkuk, Iraq, 16 June 2004 5. Various of clouds of fire and smoke Basra, 21 June 2004 6. SOUNDBITE: (English) Dominic d'Angelo, spokesman for Coalition: "For the future, you can estimate that if Iraq can export 2 (m) million barrels a day, it can earn at the current world price around 70 (m) million US dollars every day for its oil exports. That means that over the past week, it's probably lost around 7-10 (m) million dollars of export revenue. Basra, 20 June, 2004 7. Southern Oil Company refinery in Basra with flames burning from the refinery Basra, 21 June 2004 8. SOUNDBITE: (English) Dominic d'Angelo, spokesman for Coalition: "Together with the different security forces that are in operation: the oil security force, the ICDC (Iraqi Civil Defence Corps), the Iraqi police and the Coalition forces in the south, steps are being taken to ensure the safety and security of all the oil installations that operate here in the south. However, there are several thousand miles of pipeline to protect as well as major installations. And at the same time, you are having to deal with both marine and on-shore installations. So there needs to be a true 'coalition' of security in order to try and protect the installations. But no security can absolutely guarantee the safety and security of Iraq's oil and exports." Basra, 20 June, 2004 9. Various of Southern Oil Company security men patrolling pipelines Basra, 21 June 2004 10. D'Angelo leaving STORYLINE: Iraq has resumed oil exports of about 1 (m) million barrels a day through its southern Basra terminal after completing repairs to pipelines sabotaged by insurgents, according to a Coalition spokesman. Speaking in Basra on Monday, Dominic d'Angelo said, the state-run company that markets the oil reported that crude was being loaded onto tankers at the offshore terminals. A replacement for a section of the line damaged in the attacks had arrived, d'Angelo said. Iraqi oil officials said repairs were unlikely to be completed before June 25. But even as Iraqi officials rush to repair a second, larger pipeline also damaged in the attacks, traders said a continuation of such incidents could prompt refiners to look elsewhere for necessary supplies. D'Angelo said halting exports costs Iraq about 70 (m) million US dollars in lost oil revenue daily - money on which the conflict-ridden nation depends for reconstruction efforts after the June 30 handover of sovereignty. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter:   / ap_archive   Facebook:   / aparchives   ​​ Instagram:   / apnews   You can license this story through AP Archive: http://www.aparchive.com/metadata/you...