Iraq resumes Kirkuk oil exports after Baghdad-KRG deal
Iraq resumed Kirkuk oil exports to Turkey after Baghdad and Kurdish officials reached a deal. The move follows a major production drop due to regional conflict.
Crude oil exports from the Kirkuk fields in Iraq to the port of Ceyhan in Turkey have resumed following a breakthrough agreement between the federal government in Baghdad and the Kurdistan Regional Government (KRG). Sources from the North Oil Company confirmed that pipeline flows restarted on Tuesday after both sides finalized terms to restore the vital energy link. The KRG noted that a joint committee will be formed to oversee the resumption of exports, with all revenues directed back to the federal treasury. Both parties have committed to implementing strict security measures to protect the oilfields and ensure the continuity of operations.
Prime Minister Masrour Barzani stated that discussions with Baghdad will continue to lift trade restrictions and provide necessary guarantees for energy companies. Barzani also communicated with an envoy from the United States, instructing regional teams to provide all facilities needed to resume oil exports for the benefit of citizens.
