Turkey Restarts Oil Loadings at Mediterranean Export Terminal

Turkey resumed crude-oil flows to the Mediterranean export terminal of Ceyhan late on Tuesday following two devastating earthquakes, according to an official with knowledge of the matter.

(Bloomberg) —

Turkey resumed crude-oil flows to the Mediterranean export terminal of Ceyhan late on Tuesday following two devastating earthquakes, according to an official with knowledge of the matter.

State pipeline operator Botas halted flows of Iraqi and Azeri oil through pipelines on Monday to make safety checks. The quakes killed thousands of people in Turkey and Syria and damaged infrastructure and housing.

Oil loadings onto ships also started around midnight, the official said, asking not to be identified due to the sensitivity of the matter.

Ceyhan exported over 1 million barrels a day in January, or 1% of global supplies, according to data compiled by Bloomberg.

–With assistance from Julian Lee.

More stories like this are available on bloomberg.com

©2023 Bloomberg L.P.