New meetings with oil companies to resume exports through the Turkish port of Cihan, 17 MARCH

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 New meetings with oil companies to resume exports through the Turkish port of Cihan

Baghdad Today – Erbil

The expert in economic affairs, Hividar Shaaban, revealed today, Sunday (March 16, 2025), the holding of two meetings between the Federal Ministry of Oil and the Ministry of Natural Resources in the regional government, with representatives of oil companies operating in Kurdistan.

Shaaban said in an interview with “Baghdad Today” that “the first meeting will be held in Baghdad during the current week, and next week another meeting will be held in Erbil between the same authorities, to solve the problem of resuming oil exports through the Turkish port of Ceyhan.”

He added that “the problem of oil export is not related to the federal government, nor the territorial government, but oil companies refuse to resume exports at the moment, except after paying the debts owed by the regional government.”

Among the most prominent problems is the resumption of oil exports through the Turkish port of Ceyhan, the method of calculating oil quantities, the method of paying its funds, the share of international companies that took over the extraction of oil from the Kurdistan Region, as well as the files of salaries, fees and customs. Delegations are trying between the parties to resolve these files before the start of export operations.

Oil Minister Hayyan Abdul Ghani unexpectedly announced last February the resumption of exports from Kurdistan, in a move that would end a two-year dispute that led to the interruption of supplies of more than 300,000 barrels per day entering global markets through Turkey.

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