SOMO announces the export of approximately 2.5 million barrels from the Kurdistan Region.
SOMO announces the export of approximately 2.5 million barrels from the Kurdistan Region.
2025-10-14 05:43
Shafaq News- Erbil
On Tuesday, Hamdi Shankali, Deputy Director of the State Oil Marketing Organization (SOMO), revealed the quantities of oil exported from the Kurdistan Region since the resumption of exports.
“The company has sold approximately two and a half million barrels of Kurdistan Region oil since the resumption of exports,” Shinkali told several media outlets, including Shafaq News Agency.
He added that “the situation regarding the region’s oil exports has normalized,” suggesting that the tripartite oil agreement between Baghdad, Erbil, and the oil companies operating in the region will likely be renewed by the end of this year.
After more than two and a half years of hiatus, crude oil exports from the Kurdistan Region’s fields via Fishkhabur to the Turkish port of Ceyhan resumed on September 27, at a rate of 190,000 barrels per day.
This step followed several meetings between delegations from the Kurdistan Region’s Ministry of Natural Resources and the federal Ministry of Oil. A tripartite agreement was ultimately reached between the two ministries and the international investing companies, stipulating that exports will be conducted through the Iraqi State Oil Marketing Organization (SOMO), which is responsible for delivering Kurdistan’s oil to the port of Ceyhan.
Kurdistan Region oil exports were halted on March 25, 2023, following an international arbitration ruling requiring Türkiye not to allow the region’s oil exports without the approval of the federal government in Baghdad.
shafaq.com
