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enhanced_deficit
06-18-2014, 11:11 AM
Moderate NYT news seems to be behind a pay wall, FOX is reporting they have taken over 75% of refinery.

Extremists Said to Take Control of Iraq's Biggest Oil Refinery (http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=newssearch&cd=1&cad=rja&uact=8&ved=0CCEQ-AsoAzAA&url=http%3A%2F%2Fwww.nytimes.com%2F2014%2F06%2F19% 2Fworld%2Fmiddleeast%2Firaqi-oil-refinery-ablaze-as-army-and-militants-clash.html&ei=FcahU8aCFq2isASzooCIDQ&usg=AFQjCNGOkUbVbuhctU0XMOxNRbc3r2DMpg&bvm=bv.69137298,d.cWc)
In-Depth-New York Times-4 hours ago


Militants, Iraq security forces clash at country's largest oil refinery

Published June 18, 2014


http://a57.foxnews.com/global.fncstatic.com/static/managed/img/876/493/Mideast%20Iraq_Cham%282%29640061814.jpg?ve=1&tl=1 Oct. 6, 2003: In this file photo, an oil refinery is seen in the city of Beiji, home to Iraq's largest oil refinery. (AP)


An official at Iraq’s largest domestic oil refinery says Sunni militants have taken over 75 percent of the facility following clashes with Iraqi security forces.
"The militants have managed to break in to the refinery. Now they are in control of the production units, administration building and four watch towers. This is 75 percent of the refinery," an official speaking from inside the refinery in Beiji told Reuters (http://www.reuters.com/article/2014/06/18/us-iraq-security-idUSKBN0ET11320140618) on Wednesday.
A state oil official told The Wall Street Journal (http://online.wsj.com/articles/main-iraq-oil-refinery-in-flames-after-rebel-attack-1403080397?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702303850204579631620679793260.html) that two fuel-storage tanks were in flames after hours of fighting before dawn Wednesday, some 155 miles north of the capital, Baghdad. The official said militants from the Islamic State of Iraq and Syria (ISIS) targeted the oil refinery with mortars and machine guns.
In response, Iraqi security forces and helicopter gunships bombarded positions of the militants inside the refinery, another state oil official added.
But Iraq’s government denied reports that the facility has been overrun.



http://www.foxnews.com/world/2014/06/18/militants-lay-seige-to-iraq-largest-oil-refinery/





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by Joel Pollak-Jun 15, 2014

HOLLYWOOD
06-18-2014, 11:32 AM
What sensationalizing rigged media isn't telling you, the Iraqi northern refineries and oils fields have been offline for months, some for years. Conned by alarmist media propaganda... we know of this story.

All of Iraq's crude oil production and exports are in southern region


Iraq Crude Exports Surge in South While Violence Hits NorthJun 18, 2014 5:55 AM PT 3 Comments (http://www.bloomberg.com/news/2014-06-17/iraq-oil-exports-surge-in-south-while-violence-spreads-in-north.html#disqus_thread) Email (?body=Crude%20oil%20exports%20from%20Iraq%E2%80%9 9s%20southern%20terminals%20in%20the%20Persian%20G ulf%20are%20poised%20to%20accelerate%20even%20as%2 0fighting%20plunges%20the%20country%E2%80%99s%20no rth%20into%20chaos%20and%20Islamist%20militias%20e ncroach%20on%20towns%20near%20Baghdad.%0A%0Ahttp%3 A%2F%2Fbloom.bg%2F1ydrdR0&subject=Bloomberg%20News%3A%20Iraq%20Crude%20Expor ts%20Surge%20in%20South%20While%20Violence%20Hits% 20North) Print (http://www.bloomberg.com/news/print/2014-06-17/iraq-oil-exports-surge-in-south-while-violence-spreads-in-north.html)
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http://www.bloomberg.com/image/iypkB_mnvOLU.jpg (http://www.bloomberg.com/photo/iraq-oil-exports-surge-in-south-/-iqzrD32t1.SQ.html) Photographer: Essam al-Sudani/AFP via Getty Images Oil tankers are anchored at Basrah harbour. Exports of Basrah Light crude, the... Read More (http://www.bloomberg.com/news/2014-06-17/iraq-oil-exports-surge-in-south-while-violence-spreads-in-north.html#)

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Crude oil exports from Iraq’s southern terminals in the Persian Gulf (http://topics.bloomberg.com/persian-gulf/) are poised to accelerate even as fighting plunges the country’s north into chaos and Islamist militias encroach on towns near Baghdad (http://topics.bloomberg.com/baghdad/).

Exports of Basrah Light crude (http://www.bloomberg.com/quote/LOSDBASR:IND), the country’s main grade, may reach about 2.8 million barrels a day next month, according to a preliminary loading plan obtained by Bloomberg News (http://topics.bloomberg.com/bloomberg-news/) on June 16. That’s 11 percent more than this year’s average and would come close to matching a three-decade high reached in February. OPEC’s second-largest producer shipped 5.43 million barrels from Basrah on June 11, Iraqi Oil Minister Abdul Kareem al-Luaibi said in Vienna the following day.