Supertankers loading oil at Iraq's Basra port after pipeline leak repair

A crane and vessels are seen at the Al-Basra terminal in southern Iraq. Photo courtesy of Reuters.

(Reuters) Two supertankers are loading crude at Iraq's southern port of Basra, resuming operations after a brief outage caused by an oil pipeline leak that has been repaired, shipping sources said.

Supertankers Front Commodore and New Frontier are currently loading oil at the Basra Oil Terminal, they said on Tuesday.

Basra Light crude oil loading had been suspended at two export terminals in Iraq's main oil export port on Sunday, stoking worries of a lengthy outage and driving up global crude prices. [O/R]

However, on Monday, the Iraqi oil ministry said the leak at Iraq's southern port of Basra had been repaired and pumping had resumed without affecting exports.

Reporting by Saif Hameed, Stephen Kalin, Keith Wallis and Florence Tan; Editing by David Goodman

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