KRG's Natural Resources Awaits Federal Approval to Resume Kurdistan Oil Exports
Economy 01:35 PM - 2025-09-24
PUKMEDIA
The agreement between KRG and Iraqi Government.
The Ministry of Natural Resources of the Kurdistan Regional Government has stated that it is awaiting authorisation from the federal Ministry of Oil to resume oil exports from the Kurdistan Region.
In a statement obtained by PUKMEDIA, the Ministry said: “In accordance with the recommendations and decisions issued by the Council of Ministers, the Ministry of Natural Resources has fulfilled all its obligations to restart oil exports from the Kurdistan Region, working in cooperation with the federal Ministry of Oil.”
The statement added: “All foreign and local oil companies have signed the agreement, with the exception of one company. This will not affect the terms of the tripartite agreement between our ministry, the oil companies, and the federal Ministry of Oil.”
It further explained: “The approval of our ministry and the oil companies to resume exports was formally submitted to the federal Ministry of Oil on 23 September 2025. We are now awaiting the Ministry’s response so that the State Oil Marketing Organisation (SOMO) can begin exporting oil from the Kurdistan Region promptly and implement the remaining provisions of the agreement.”
PUKMEDIA
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