Trilateral talks continue as Kurdistan Region and Iraq seek oil export agreement
While the latest trilateral talks concluded without a final resolution, the continuation of negotiations signals a commitment from all sides to addressing key issues.
ERBIL (Kurdistan24) – Kurdistan24 reporter Dilan Barzan has reported that discussions between the Iraqi Ministry of Oil, the Kurdistan Regional Government (KRG) Ministry of Natural Resources, and the Association of the Petroleum Industry of Kurdistan (APIKUR) are ongoing, with another round of meetings expected next week.
While the latest trilateral talks concluded without a final resolution, the continuation of negotiations signals a commitment from all sides to addressing key issues. According to Barzan, one of the main points of discussion remains the role of an international consulting company in determining oil extraction and export pricing.
The Iraqi Oil Ministry has justified its decision to export Basra oil through Turkey’s Ceyhan port, citing security threats to Basra’s oil fields and the need to balance exports between national and regional consumption. Meanwhile, oil companies in the Kurdistan Region are actively engaging in discussions, requesting either participation in contracts or compensation for extraction costs.
Despite ongoing challenges, the commitment to further dialogue and the upcoming round of negotiations indicates that progress toward a resolution remains possible.