Archive · 24 Sep 2025
Oil Exports from Kurdistan to Resume After Two-Year Halt
Oil companies in Kurdistan have made a deal with the Iraqi government to start exporting oil again after two years.
This means they'll send oil through a pipeline to Turkey, which had been closed.
The agreement promises the companies will get paid, which was a big problem before.
They plan to start with around 230,000 barrels of oil a day.
This restart is good news for Iraq, which lost money while the pipeline was shut down.
The Kurdistan government had also agreed to let the Iraqi government sell the oil and give them money.
Oil companies in Iraqi Kurdistan agreed to resume oil exports after a halt of over two years.
The pipeline will transport oil to Turkey's Mediterranean coast.
The agreement provides surety of payment to the oil companies.
Initial export volume will be about 230,000 barrels per day.
The deal resolves issues related to past dues and future payments.
- Who
- Oil companies, Iraqi Kurdistan, and the Iraqi federal government.
- What
- Reached an agreement to resume oil exports via pipeline to Turkey.
- When
- Shipments should begin in the coming days after formal signing and ratification of the deal.
- Where
- From Iraqi Kurdistan to Turkey's Mediterranean coast.
- Why
- To bring in revenue and address financial and legal issues regarding past dues and payment clarity.
- Key Players
- Oil companies in Iraqi Kurdistan, Iraqi federal and regional governments
- Event
- Agreement to resume oil exports
- Pipeline Destination
- Turkey's Mediterranean coast
- Export Volume (Initial)
- Approximately 230,000 barrels per day
- Halt Duration
- More than two years
- Companies Involved
- DNO ASA, Gulf Keystone Petroleum Ltd., HKN Energy Ltd., ShaMaran Petroleum Corp., Hunt Oil Co.