Oil exports from Iraqi Kurdistan to Turkey to resume on Monday

After an interruption of several days, oil exports from Iraqi Kurdistan to Turkey will resume. An agreement has been reached between Baghdad and Erbil for the management of Kurdish crude oil.

Partagez:

Iraqi Kurdistan will resume “in two days” its oil exports to Turkey, interrupted since last Saturday, after Baghdad and Erbil have agreed on the management of Kurdish crude, government sources said Saturday.

The oil issue has long poisoned relations between the authorities in Baghdad and those in Iraqi Kurdistan, an autonomous region in the north of the country. The two entities have indicated, however, to have reached an agreement, allowing a resumption “in two days” of oil exports from Iraqi Kurdistan to the Turkish port of Ceyhan, said an Iraqi government official to AFP on condition of anonymity. An Iraqi Kurdish official confirmed this information to AFP, while wishing to remain anonymous.

“Kurdistan’s oil sales will now go through (the Iraqi state oil company) Somo,” the Baghdad official said. That is, Erbil will no longer go it alone in the management of its oil, which has infuriated the federal government.

In addition, a “joint committee” formed by the two governments will monitor the “process of exporting oil from Kurdistan”.

Finally, the income earned will be paid into an account “monitored by Baghdad”, explained the Kurdish official. On paper, this agreement puts a temporary end to a dispute between Baghdad, Erbil and Ankara. Last Saturday, Turkey stopped importing oil from Iraqi Kurdistan after a court ruling in favour of the federal government. In 2014, Baghdad had filed a lawsuit against its Turkish neighbor at the arbitration tribunal of the International Chamber of Commerce in Paris, following Ankara’s announcement to import oil from Iraqi Kurdistan to the port of Ceyhan.

The Iraqi government was strongly opposed to the Turkish decision, believing that it was the exclusive manager of this oil. Ignoring Baghdad’s opposition, Erbil began exporting to Turkey. Today, these exports amount to about 450,000 barrels per day (bpd). The freeze on Kurdish exports had forced the Norwegian company DNO, one of the main oil producers in Iraqi Kurdistan, to stop its operations in the region.

Erbil believes that the central government is trying to get its hands on its wealth. Baghdad, for its part, wants to have a say in the exploitation of hydrocarbons throughout Iraq.

Iraq is the second largest country in the Opec and exports an average of 3.3 million barrels of crude oil per day.

  • Populaires ​
Nepal Identifies Major Methane Reserve Estimated at 112 Billion m³
Tesla Signs $560 Million Contract for Electricity Storage in China
Europe Commits Major Investments to Electricity Grids and the Clean Industrial Deal
Invenergy and Meta expand US portfolio with an additional 791 MW
Iraq Suspends Oil Projects Amid Regional Conflict and Strained Logistics
UK urged to accelerate electricity price reforms
The UK's Climate Change Committee is urging the government to quickly reduce electricity costs to facilitate the adoption of heat pumps and electric vehicles, judged too slow to achieve the set climate targets.
Brussels expands subsidies for low-carbon technologies and nuclear power
The European Commission will extend until the end of 2030 an expanded state-aid framework, allowing capitals to fund low-carbon technologies and nuclear power to preserve competitiveness against China and the United States.
Japan Faces Major Electricity Shortfall of 89 GW by 2050
Japan's grid operator forecasts an energy shortfall of up to 89 GW by 2050 due to rising demand from semiconductor manufacturing, electric vehicles, and artificial intelligence technologies.
EU Approves Targeted Energy Aid for Europe’s Heavy Industries
Energy-intensive European industries will be eligible for temporary state aid to mitigate high electricity prices, according to a new regulatory framework proposed by the European Commission under the "Clean Industrial Deal."
Mauritius launches international tender for floating power plant
Mauritius seeks international investors to swiftly build a floating power plant of around 100 MW, aiming to secure the national energy supply by January 2026 and address current production shortfalls.
Spain and Portugal Strengthen Networks Following April Blackout
Madrid announces immediate energy storage measures while Lisbon secures its electrical grid, responding to the historic outage that affected the entire Iberian Peninsula in late April.
Indonesia Commits 190 Billion USD to Expand Energy Capacity by 2034
Indonesia has unveiled its new national energy plan, projecting an increase of 69.5 GW in electricity capacity over ten years, largely funded by independent producers, to address rapidly rising domestic demand.
France: Moratorium on renewables; warning about immediate industrial impact
French Minister Agnès Pannier-Runacher condemns the parliamentary moratorium on new renewable energy installations, warning of the potential loss of 150,000 industrial jobs and increased energy dependence on foreign countries.
New European Battery Regulation Disrupts Europe’s Industrial Sector
The European battery regulation, fully effective from August 18, significantly alters industrial requirements related to electric cars and bicycles, imposing strict rules on recycling, supply chains, and transparency for companies.
European Parliament urges Brussels to act on energy grids
The European Parliament calls on the Commission to strengthen energy infrastructure and accelerate the implementation of the Clean Industrial Deal to enhance the continent's energy flexibility and security amid increased market volatility.
Wood Mackenzie highlights advantage of regulated utilities amid data centre boom
In the United States, regulated electric grid operators hold a decisive advantage in connecting new data centres to the grid, now representing 134 GW of projects, according to a Wood Mackenzie report published on June 19.
France sets renewable energy target of 200 TWh by 2030
The French National Assembly approves a specific target of 200 TWh renewable electricity production by 2030 within a legislative text extensively debated about the future national energy mix.
United States: emissions stagnate in 2024, uncertainty under Trump administration
In 2024, US CO₂ emissions remain stable at 5.1bn tonnes, as the Trump administration prepares hydrocarbon-friendly energy policies, raising questions about the future evolution of the American market.
France: Anticipated Energy Decree, National Assembly Denounces Democratic Risk
The early publication of France's energy decree triggers strong parliamentary reactions, as the government aims to rapidly secure investments in nuclear and other energy sectors.
Spain Blackout: Analysis of Causes and European Financing Plan Approved
Seven weeks after the major Iberian power outage, Spain identifies technical network failures, while the European Investment Bank approves major funding to strengthen the interconnection with France.
European Union Sets Precise Timeline for Russian Gas Import Ban
The European Union has announced a detailed schedule aiming to definitively halt Russian gas imports by the end of 2027, anticipating internal legal and commercial challenges to overcome.
Madagascar invests in thermal power plant to counter chronic power cuts
Madagascar plans the imminent opening of a 105 MW thermal power plant to swiftly stabilise its electricity grid, severely affected in major urban areas, while simultaneously developing renewable energy projects.
India proposes virtual power purchase agreements for industrial companies
India's Central Electricity Regulatory Commission proposes a new financial instrument enabling industrial companies to meet renewable energy targets through virtual contracts, without physical electricity delivery, thus facilitating compliance management.
France Accelerates PPE with Decree Expected Before September 2025
Minister Marc Ferracci confirms the imminent publication of the energy programming decree, without waiting for the conclusion of parliamentary debates, including a substantial increase in Energy Efficiency Certificates.
Brussels increases pressure on states to guarantee affordable energy
At a conference held on June 11, Brussels reaffirmed its goal to reduce energy costs for households and businesses by relying on targeted investments and greater consumer involvement.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS