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Investors Iraq News
09-05-2015, 01:43 PM
Iraq Protest Tensions Escalate As Crude Oil Prices Drop Following China's 'Black Monday'

Meanwhile, the Kurdish government has been struggling to limit the damage and theft from the Ceyhan pipeline in Southeast Turkey as bombardments targeting the Kurdish militant group known as the Kurdistan Worker’s Party continue in northern Iraq. The Kirkuk-Ceyhan pipeline stopped production in March because of the uptick in ISIS attacks on it, with the halt costing Iraq about $1.5 billion a month. An explosion in July also cost the pipeline $250 million. In total, the Kurdish government has suffered $501 m

Source: IraqDirectory.com (http://iraqdirectory.com/en/2015/08/26/29983/iraq-protest-tensions-escalate-as-crude-oil-prices-drop-following-chinas-black-monday.aspx)

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