🛢️💰 Oil & Salaries: Kurdistan Region Faces Challenges Amid Oil Export Talks

2 months ago 5
ARTICLE AD BOX

🛢️💰 Oil & Salaries: Kurdistan Region Faces Challenges Amid Oil Export Talks

  • ⚠️ Iraqi government hesitant to send KRG salaries; may impact oil export resumption.

  • ❓ Timing for June salaries remains uncertain due to ongoing negotiations.

  • 🤝 KRG expected to resume oil exports via SOMO as per agreement, but no set date yet.

  • 🚁 Security risks: Oil fields in Kurdistan under drone attacks, complicating exports.

  • 📅 On July 17, Iraqi Council of Ministers approved sending May salaries to KRG employees soon.

  • 🔄 Overall, exporting Kurdistan oil remains difficult despite partial progress in agreements.


 

OIL, REVENUES AND OIL PROVIDE THE REGION’S SALARIES

The issue of resuming oil exports from the Kurdistan Region is one of the conditions

The Iraqi government is not easy to send the salaries of the Kurdistan Regional Government (KRG) and it is unclear whether it will create problems for the resumption of oil exports, a member of the Finance Committee said They are bad and dangerous, which affects oil exports.”

The timing of the June salary is unknown

Jamal Kochar, a member of the Finance Committee of the Iraqi Parliament, told PUKMEDIA: “According to the agreement between the two governments, the Kurdistan Regional Government should resume oil exports through SOMO.

“We have no accurate information to export oil from the Kurdistan Region on a specific date, while the negotiations between the two sides on the issue of oil exports and salaries are constantly changing There is a monthly amount of 120 billion dinars for Iraq,” Kochar said.

“If the Kurdistan Regional Government adheres to the agreement with the Iraqi government, there is no problem in sending the June salary, but we can not determine the date of sending the June salary,” he said.

Re-exporting the region’s oil is not easy at the moment

Bahjat Ahmad, an expert in the field of oil and energy, told the official website of the Kurdistan National Union (KNU) PUKMEDIA: “The agreement between the two governments, although several points have been implemented, but exporting oil is not easy.”

“The security situation in all the oil fields in the Kurdistan Region is bad and they are in danger and they are constantly attacked by drones, which makes it difficult to export oil from the Kurdistan Region and it takes time,” Bahjat Ahmad said.

On July 17, 2025, the Iraqi Council of Ministers approved a new agreement with the Kurdistan Regional Government (KRG) to send the May salaries to the Kurdistan Region Kurdistan Regional Government (KRG) salaried employees in the near future.

Read Entire Article