Iraq’s State Organization for Marketing of Oil (SOMO) announced on Friday that crude exports from the Kurdistan Region will resume through Turkey’s Ceyhan port, following the conclusion of negotiations that lasted nearly 30 months.

SOMO confirmed that around 190,000 barrels of oil will be exported from the Kurdistan Region, with volumes set to rise to 400,000 barrels in the near future.

The export process will begin at 6 a.m. tomorrow through the port of Ceyhan

SOMO said, adding that the agreement is permanent and not temporary.

Direct negotiations with companies

The organization stressed that the deal was reached through direct negotiations with international oil companies operating in the Kurdistan Region, and that corporate financial entitlements are guaranteed under the new framework.

SOMO also revealed that the cost of oil has been set at $16 per barrel, describing the arrangement as financially sustainable for both the federal government and the companies involved.

Coordination with Turkey

We have spoken to the Turkish side and they are ready to receive the oil

SOMO added, underscoring that coordination with Ankara played a key role in finalizing the resumption of exports.

Long-delayed resumption

The announcement follows months of political and technical negotiations between Baghdad, the Kurdistan Regional Government (KRG), international companies, and Turkey, aimed at restoring exports that were halted due to disputes over revenue-sharing and legal frameworks.

SOMO emphasized that the agreement marks a “permanent solution” for Kurdistan Region oil exports, ensuring both continuity of supply and the protection of Iraq’s sovereign rights.