Iraq to ask Turkey to restart northern oil exports after initial KRG deal

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Iraq to ask Turkey to restart northern oil exports after initial KRG deal
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Iraq to request Turkey restarts northern oil exports after initial KRG deal

Turkey stopped pumping about 450,000 b/d of Iraqi crude from a pipeline from the Fish-Khabur border area to its Ceyhan port on March 25 after Iraq won an. Baghdad had argued that Turkey had violated a joint agreement by allowing the KRG to export oil to Ceyhan without its consent.

"Following several meetings between the KRG and federal government, an initial agreement has been reached to resume oil exports through Ceyhan this week," Lawk Ghafuri, head of foreign media affairs for the KRG wrote in a Twitter post. "This agreement will remain in effect until the oil and gas law bill is approved by Iraqi Parliament," Ghafuri said.that Iraq's northern oil exports will be jointly exported by Iraq's state-owned marketing company SOMO and the KRG's ministry of natural resources , sources told Reuters on Saturday.

The resumption of pipeline flows from Iraq's semi-autonomous Kurdistan region will still need approval from Turkey. "A letter of request to resume oil flows will be sent by Baghdad to Ankara," a KRG official told Reuters on Sunday.

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