Iraq’s southern oil exports: how safe is safe?

摘要

London—Iraqi oil minister Abdul-Karim al-Luaibi was in Vienna for OPEC talks last week when Iraq’s second city fell to Islamist fighters. Speaking to reporters, he acknowledged that Iraq might not now be able to resume crude flows along the Iraq-Turkey pipeline, which has been closed since early March due to sabotage, but insisted that the south of the country was “very, very safe” and that Baghdad would continue to export crude from its Gulf terminals.