Peregraf
The Kurdistan Regional Government (KRG) announced on Tuesday that it expects a breakthrough in the long-stalled oil export dispute with Baghdad within the next two days, as it confirmed fulfilling all commitments related to the oil export agreement.
KRG Spokesman Peshawa Hawramany said Kurdistan’s oil production capacity currently stands at 234,000 barrels per day, and the government anticipates that the issue of resuming exports “will be resolved within the next 48 hours.” He added that the agreement with Baghdad covers a three-month period.
On financial matters, Hawramany confirmed that with the arrival of the July budget transfer, public sector salaries will be distributed. He also noted that the KRG will send 120 billion dinars of domestic revenue to the federal government in Baghdad. He stressed, however, that the government has not sought the opinion of the State Council on non-oil revenues.
Meanwhile, the Ministry of Natural Resources reiterated that it has signed oil export agreements with all domestic and international companies, except for one foreign company that has not yet signed. The ministry underlined that this does not affect the trilateral agreement between the KRG, the companies, and the Federal Ministry of Oil.
The ministry added that on September 23, 2025, both the KRG and the companies sent their written approvals to Baghdad. “We are now awaiting a response from the Federal Ministry of Oil to sign the agreement, so that SOMO can resume exporting the region’s oil and implement the terms of the agreement as soon as possible,” the statement read.
Exports from the Kurdistan Region through the Iraq–Türkiye pipeline have been halted since March 2023 following an international arbitration ruling. The finalization of this new agreement is expected to pave the way for their resumption, providing a critical boost to both the Kurdistan Region and Iraq’s wider economy.