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NOV 02, 2013 - Yahoo! News

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Iraq oil pipeline bombed, pumping shut down

Kirkuk (Iraq) (AFP) - Militants bombed a major oil pipeline in northern Iraq early on Saturday, disabling it and forcing pumping to be suspended, security officials said. Three blasts went off along the pipeline, in Nineveh province, which runs to the Turkish port of Ceyhan, according to two security officials. Iraq is heavily dependent on crude sales, which account for 95 percent of government revenues and an estimated two-thirds of gross domestic product, and is looking to dramatically boost them in the coming years.

Tags: Iraq oil pipeline bombed, pumping shut down,  Government Latest News