Saturday, March 14, 2026
22 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

Gold Prices in Iraq Hold in Baghdad, Drop in Erbil

Gold prices in Iraq remained steady in Baghdad on...

USD/IQD Exchange Climbs in Baghdad and Erbil

USD/IQD exchange rose on Thursday as the U.S. dollar...

Gulf Tanker Attacks Raise Economic Concerns

Gulf tanker attacks have raised alarm as Iraq warns...

Al-Maliki’s Bid Dispute Shapes Iraq Leadership Talks

Al-Maliki's bid dispute is escalating within Iraq’s Shiite Coordination...

Oil Supply Disruption Sends Prices Higher

Oil supply disruption intensified on Wednesday as attacks on...

Topics

Gold Prices in Iraq Hold in Baghdad, Drop in Erbil

Gold prices in Iraq remained steady in Baghdad on...

USD/IQD Exchange Climbs in Baghdad and Erbil

USD/IQD exchange rose on Thursday as the U.S. dollar...

Gulf Tanker Attacks Raise Economic Concerns

Gulf tanker attacks have raised alarm as Iraq warns...

Al-Maliki’s Bid Dispute Shapes Iraq Leadership Talks

Al-Maliki's bid dispute is escalating within Iraq’s Shiite Coordination...

Oil Supply Disruption Sends Prices Higher

Oil supply disruption intensified on Wednesday as attacks on...

PMF Attacks Reported as Al-Sudani Monitors Security Situation

PMF attacks reported as Iraq’s caretaker Prime Minister Mohammed...

Gold Prices Rise Ahead of U.S. Inflation Data Amid Global Tensions

Gold prices ticked higher on Wednesday as investors sought...

Iraq Bank Deposits Drop Sharply in 2025 Despite Credit Growth

Iraq bank deposits declined significantly during 2025, according to...

Related Articles