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Iraq Resumes Petroleum Exports After Bombs NewsMax.com WiresBAGHDAD, Iraq – Iraq has resumed petroleum exports two days after suicide bombers in boats attacked Iraqi oil facilities in the Gulf, an official said Monday. The attack cost the country about $40 million in lost revenues.
Al-Basra Oil Terminal resumed work loading tankers Sunday night, ministry spokesman Asim Jihad said. Khawr al-Amaya Oil Terminal was damaged in the attack but was back in action Sunday morning, with a loss of about 350,000 barrels of production. Three small boats exploded near the terminals Saturday night as U.S. Navy teams approached them. The suicide boat near Khawr al-Amaya flipped over a U.S. Navy interception craft, killing two sailors and wounding five others. One of the wounded, a U.S. Coast Guard member, later died of his wounds, raising the death toll to three. The attack damaged the electrical generators at Al-Basra Oil Terminal, halting production. Al-Basra terminal pumps some 700,000 barrels a day of Iraq's total exports of 1.6 million barrels a day. The attacks resembled terror strikes against the USS Cole in 2000 and a French tanker in 2002 off Yemen, blamed on Osama bin Laden's terror network, which killed 17 U.S. sailors and a tanker crew member. Iraqi Oil Minister Ibrahim Bahr al-Ulloum said the Iraqi attacks were likely the work of al-Qaida, but added that there was no evidence to support that claim.
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