Kurdistan to Restart Crude Exports – Iraqi Kurdistan authorities have reached an agreement with Iraq’s federal oil ministry to resume crude exports, marking a major step in resolving a long-standing oil dispute.
A joint Iraqi and Turkish technical team are conducting final inspections of the Iraq-Turkey pipeline, with a decision on its operational status expected within 24 hours for shipments to Turkey’s Ceyhan port.
The suspension followed a 2022 ruling by the International Chamber of Commerce, which sided with Iraq in a legal battle over the Kurdish region's independent oil exports.
Iraq’s Oil Ministry confirmed the first phase of resumed exports will see 185,000 barrels per day (bpd) sent to Turkey, with plans to gradually increase volumes to 400,000 bpd.
Deputy Oil Minister Bassem Mohammed noted that restoring full production capacity will be a gradual process.
Kurdistan’s Output Capacity at 300,000 bpd – The region currently produces 300,000 bpd, with 185,000 bpd allocated for exports and the remainder used domestically.
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