Iraqi Govt, KRG Agree on New Deal to Export Oil via Turkey

Iraqi govt, KRG agree on new deal to export oil via Turkey

The Kurdistan Regional Government (KRG) and Iraq’s federal Ministry of Oil have announced a new oil export agreement for the Kurdish region. However, previous failures to implement similar deals have led to ongoing skepticism. Finalized on 11 August after nearly a month of joint meetings and inspections of Kurdish oil fields, the deal allocates 50,000 barrels per day (bpd) for domestic consumption in the Kurdistan Region. The remainder is to be …

Iraq and Kurdistan agree to resume oil exports through Turkey

Kurdistan gives oil to Baghdad Pipeline dispute resolved Exports determine daily production Iraq and the Kurdistan regional government (KRG) have reached an agreement to resume oil exports via a pipeline to Turkey, the KRG said on Thursday. The agreement followed negotiations of more than three weeks in Erbil and ends a rift that has halted the flow of oil via the 970km Kirkuk-Ceyhan pipeline for more than two years. Officials from the Iraqi oil…

Iraq, Kurdistan reach agreement on resumption of oil exports

Agreement signed in Erbil on Wednesday