Tuesday, April 29, 2025
28 C
Baghdad

US Diplomat to Join Key Meeting in Baghdad on Kurdish Oil Export Resumption

Baghdad, Iraq- A senior US diplomat is scheduled to attend an important meeting in Baghdad on Thursday, March 6, 2025, to discuss the resumption of oil exports from the Kurdistan Region, a source confirmed. The meeting will involve officials from both the Kurdistan Regional Government (KRG) and the Iraqi federal government, along with representatives from major oil companies.

Set to take place at the Iraqi Oil Ministry headquarters at 1 pm local time, the meeting aims to address the ongoing issues surrounding Kurdish oil exports. A source from one of the invited international oil companies, who requested anonymity, revealed that the US government is intensifying its pressure on Baghdad to quickly restart the exports.

Sources from the Association of the Petroleum Industry of Kurdistan (APIKUR) and the Iraqi Oil Ministry also confirmed the meeting’s timing. Originally scheduled for Tuesday, the meeting was postponed, and a new, unscheduled gathering took place on Saturday. APIKUR spokesperson Myles Caggins expressed optimism about the rescheduled talks, emphasizing the importance of reaching a final agreement to restart the oil exports.

APIKUR, representing eight oil companies in the Kurdistan Region, also seeks assurances regarding payments for production costs under Iraq’s budget amendment. The amendment requires Baghdad to pay $16 per barrel to the KRG, and companies are looking for reliable distribution of these payments.

The Kurdistan Region’s oil exports, which were transported through the Iraq-Turkey pipeline, were halted in March 2023. This followed a decision by a Paris-based arbitration court, which ruled that Turkey had violated a 1973 pipeline agreement by allowing Erbil to begin independent oil exports in 2014.

Hot this week

Low Voter Data Update Participation in Mosul Ahead of Parliamentary Elections

Baghdad - The Independent High Electoral Commission (IHEC) in...

Gold and Iraqi Dinar Prices Today

The prices of gold and the Iraqi dinar today...

Strategic Medical Tourism in Iraq: A Vision for Renewal

Jamal Al-Muhammadi, an advisor to the Presidency, confirmed that...

Iraqi Maqam Music Shines at the Institute of Musical Arts

Iraqi Maqam music shines at the Institute of Musical...

Iraq’s Taurus Energy and GE Partner to Boost Power Production in Sulaymaniyah

Baghdad - Taurus Energy of Iraq and General Electric...

Topics

Low Voter Data Update Participation in Mosul Ahead of Parliamentary Elections

Baghdad - The Independent High Electoral Commission (IHEC) in...

Gold and Iraqi Dinar Prices Today

The prices of gold and the Iraqi dinar today...

Strategic Medical Tourism in Iraq: A Vision for Renewal

Jamal Al-Muhammadi, an advisor to the Presidency, confirmed that...

Iraqi Maqam Music Shines at the Institute of Musical Arts

Iraqi Maqam music shines at the Institute of Musical...

Iraq’s Taurus Energy and GE Partner to Boost Power Production in Sulaymaniyah

Baghdad - Taurus Energy of Iraq and General Electric...

Iraq’s Oil Exports to the U.S. See Slight Increase

Baghdad - Iraq’s oil exports to the United States...

Iraq Prime Minister Highlights Opportunities for Collaboration with UAE in Aviation Sector

Baghdad - Iraq’s Prime Minister, Mohammed Shia Al-Sudani, expressed...

Iraq Signs Agreement to Launch First Regional Insulin Production Plant

The Iraqi Ministry of Health has announced the signing...

Related Articles