APIKUR Signals Readiness to Restart Oil Exports via Iraq-Turkey Pipeline
“We seek written sales and lifting agreements, with the Government of Iraq and Kurdistan Regional Government, that provide payment transparency and surety without political interference,” the statement read.
ERBIL (Kurdistan24) - The Association of the Petroleum Industry of Kurdistan (APIKUR) has signaled its readiness to resume oil exports from the Kurdistan Region via the Iraq-Turkey pipeline, provided that key economic and contractual conditions are met.
In a statement posted on X, APIKUR emphasized that its member companies stand ready to restart exports, but only under a transparent, written sales agreement between the Iraqi government and the Kurdistan Regional Government (KRG).
APIKUR also emphasized that the agreement must guarantee their rights without political interference, ensuring that the economic and commercial terms are clearly defined.
“We seek written sales and lifting agreements, with the Government of Iraq and Kurdistan Regional Government, that provide payment transparency and surety without political interference,” the statement read.
The Association also reiterated that the member companies will remain “focused on working with all stakeholders to secure a prompt and mutually beneficial resolution.”
As we have repeatedly stated, APIKUR member companies stand ready to resume oil exports through the Iraq-Türkiye pipeline, after agreements are reached that uphold our member companies existing contractual, commercial, and economic terms.
— APIKUR (@apikur_oil) February 22, 2025
We seek written sales and lifting…
Adding momentum to the development, the KRG's negotiating team issued a statement on Saturday, responding to the Federal Oil Ministry’s announcement on resumption procedures.
The KRG reaffirmed its commitment to implementing the amended budget law while outlining several prerequisites, including reaching a consensus on oil extraction costs, establishing a clear payment mechanism for companies, and determining allocations for domestic consumption.
Read More: Iraq and Kurdistan Region Finalize Mechanism to Resume Oil Exports
In a parallel development, Iraq’s Oil Ministry announced that all necessary procedures for resuming Kurdistan Region’s oil exports through Turkey’s Ceyhan port have been completed.
Exports are set to proceed in line with the amended federal budget law mechanisms and OPEC’s designated production levels, with the ministry now requesting the KRG to submit oil production volumes to the State Oil Marketing Organization (SOMO).
These coordinated moves indicate significant progress toward resolving the long-standing oil export dispute, as both federal and regional stakeholders work to forge a structured agreement that addresses technical, financial, and administrative challenges while upholding international commitments.
