The process of exporting oil from the Kurdistan Region is nearing its conclusion, with expectations that the export operations will officially resume within the next two days.

Delegations from Kurdistan and Oil Companies to Visit Baghdad Tomorrow

According to the information available to Channel8, a delegation from the Kurdistan Regional Government’s Ministry of Natural Resources, along with representatives from oil companies, will visit Baghdad tomorrow. The purpose of this visit is to finalize the agreement regarding the resumption of oil exports from the Kurdistan Region with the Iraqi government and Iraq’s Ministry of Oil.

 Tripartite Meeting to Resolve Outstanding Issues

A tripartite meeting has been scheduled between the Kurdistan Regional Government’s Ministry of Natural Resources, oil companies, and Iraq’s Ministry of Oil. This meeting will take place at the headquarters of Iraq’s Ministry of Oil in Baghdad. The Sources indicate that during this meeting, the parties will address and resolve the remaining obstacles and concerns related to restarting oil exports from the Kurdistan Region. If any further issues arise, they will be discussed and unified during this session. This meeting is intended to reach a settlement and will yield concrete results.

 Exports to Resume via SOMO and Ceyhan Port

According to the same sources, the agreement between Iraq’s Ministry of Oil, the Kurdistan Region, and the oil companies will be finalized during tomorrow’s meeting. The report emphasizes that following the ratification of the agreement, oil exports from the Kurdistan Region will resume on Tuesday, September 23, 2025, through the Ceyhan port in Turkey, under the supervision of Iraq’s State Organization for Marketing of Oil (SOMO).

Production and Distribution Details

Currently, the Kurdistan Region produces approximately 233,000 barrels of oil per day from its fields. Under the terms of the agreement, 50,000 barrels per day will be allocated for domestic consumption within the Kurdistan Region, while the remaining volume will be handed over to SOMO for export. In accordance with Iraq’s budget law, the Ministry of Oil is obligated to cover the costs of production and transportation, paying $16 per barrel to the oil-producing companies operating in Kurdistan.