Iraq, KRG agree to restart oil pipeline to Turkey
23/9/2025 7:33
Iraq's federal and Kurdish regional governments reached a deal with oil firms to resume crude exports via Turkey on Monday, two oil officials told Reuters.
The breakthrough will allow for the resumption of exports of about 230,000 barrels per day (bpd) from Iraqi Kurdistan which have been suspended since March 2023.
"We will on Tuesday start technical procedures to prepare pipeline operations, with oil flows expected to restart within 48 hours, an oil official with knowledge of the agreement told Reuters.
The deal is subject to Iraqi cabinet approval on Tuesday.
The preliminary plan calls for the Kurdistan Regional Government (KRG) to commit to delivering at least 230,000 bpd to Iraqi state oil marketer SOMO, while keeping an additional 50,000 bpd for local use, according to Iraqi officials with knowledge of the agreement.
An independent trader will handle sales from the Turkish port of Ceyhan using SOMO's official prices.
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