AJ
On Saturday, the negotiating delegation of the Kurdistan Regional Government revealed an obstacle to the resumption of the export of Kurdistan region oil, via the Turkish Ceyhan line, noting that its resolution requires approval by the President of the Federal Government, Muhammad Shi'a Al-Soudi.
The Kurdish delegation stated, in a statement received by the Shafq News Agency, that "despite the confirmation of the territorial government of its commitment to implement the law of the first amendment of the Federal Public Budget Law regarding the re-export of oil produced from the fields of the region to the Turkish port of Ceyhan through the Oil Marketing Company (Somo),
However, the joint meeting with the delegation of the Federal Ministry of Oil held on 18-2-2025 in Erbil, It has been emphasized that the application of the above law requires, before starting export, agreement on the quantities allocated for the purpose of local consumption according to the actual needs of the region and its obligations similar to the rest of Iraq.
He added that "the federal side has made it clear that the matter needs to obtain the approval of the Federal Prime Minister, and on the other hand, re-exports require agreement on a specific and clear mechanism for paying the dues of production and transportation companies to the regional government as stated in the law and in detail that was explained in the minutes of the meeting
With the delegation of the Federal Ministry of Oil.The statement of the Kurdish negotiating delegation continued, that the federal side indicated that "this matter is related to the Federal Ministry of Finance and this requires discussing this issue with it."
The delegation stressed the need for the federal side to expedite the resolution of the above-mentioned issues and obtain approvals from the federal authorities, which were discussed in detail at the meeting, and that the regional government stresses the
importance of re-exporting the region's oil as soon as possible by the oil marketing company (Somo) and depositing its revenues in the federal treasury And maximize revenue to serve the public good.
