Erbil, Iraq – The Kurdistan Regional Government (KRG) has announced its readiness to enter into negotiations with the federal government in Baghdad to resolve outstanding issues related to oil exports via the Turkish port of Ceyhan. This comes as part of efforts to reach a final settlement to the existing disputes between the two sides.
Readiness for dialogue with Baghdad
The regional government affirmed its openness to direct negotiations with the Iraqi government to address points of contention related to oil export mechanisms and the management of oil revenues. It clarified that dialogue represents the most appropriate path to reaching common understandings that guarantee the resumption of oil exports from the region, in a legal and mutually agreed-upon manner.
Oil export file via Ceyhan
The dispute between Erbil and Baghdad centers on the mechanism for exporting oil through the Turkish port of Ceyhan, a key outlet for Kurdistan Region oil exports to global markets. However, oil exports via this route have been halted in the past due to legal and political disagreements between the two sides. These disagreements concern the management of oil resources and export authority.
Efforts to reach an agreement
The regional government indicated that reaching an agreement with Baghdad would contribute to the stability of Iraq’s energy sector. It would also boost revenues for both the federal and regional governments. The government further emphasized the importance of continued dialogue between the two sides to reach practical solutions that would ensure the resumption of exports. This aims to support economic stability in the country.
