Iraqi Kurdistan can start oil flows within days on Turkish approval

24/2/2025 18:56

Iraq is waiting for Turkey's approval to restart the oil flows from the Iraqi Kurdistan region, the Iraqi oil minister said on Monday, adding that Kurdish oil exports will hopefully be ready in two days.



Asked if resuming Kurdish oil exports will affect Iraq's OPEC compliance, Hayan Abdel-Ghani told reporters that Baghdad is committed to the OPEC+ decisions and exported volumes under the control of the Iraqi oil ministry.



Iraqi Kurdistan authorities have agreed with the federal oil ministry to restart Kurdish crude exports based on available volumes, Kurdistan's regional government said on Sunday.



The pipeline was halted by Turkey in March 2023 after the International Chamber of Commerce (ICC) ordered Ankara to pay Baghdad $1.5 billion in damages for unauthorised exports between 2014 and 2018.