Tag Archives | oil revenues

Jiyad: Turkey Ends ITPA - Blackmail or Preservation of Iraqi Sovereign Rights

By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Turkey Ends ITPA- Submission to Blackmail or Preservation of Iraqi Sovereign Rights and National Interests The Turkish government officially ended, on 21 July 2025, the Iraqi Turkish Oil Pipeline Agreement-ITOPA, effective on […]

Iraq "to Resume Oil Exports via Turkiye this week"

By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, has reportedly announced that the country will resume crude oil exports through the Ceyhan pipeline to Turkiye either today (Wednesday) or tomorrow. Speaking during the inauguration of several oil station development and rehabilitation projects in Kirkuk, the Minister confirmed an initial export volume of 80,000 […]

Iraq announces Oil Exports for June

By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for June. Total exports of crude oil: 98,882,613 barrels. Exports from the oil fields in central and southern Iraq amounted to 97,718,994 barrels. Exports to Jordan amounted to 216,878 barrels. Exports from Qayyarah were 946,741 barrels. Average daily crude oil exports: approximately […]

Turkiye Terminates Iraq Crude Oil Pipeline Agreements

By John Lee. The Government of Turkiye has officially announced the termination of the long-standing Iraq-Turkey Crude Oil Pipeline Agreements, effective 27 July 2026, by Cabinet Decision No. 10113. The termination applies to the following agreements and related documents: The Crude Oil Pipeline Agreement dated 27 August 1973, approved by Cabinet Decision No. 7/9843 of […]

Iraqi Cabinet Approves Measures on Kurdish Oil Delivery

By John Lee. The Iraqi Cabinet, headed by Prime Minister Mohammed Shia Al-Sudani, held an emergency session on Thursday and issued a series of binding decisions regarding oil production and financial coordination with the Kurdistan Regional Government (KRG). In a major development, the Cabinet approved the immediate transfer of all oil produced in the Kurdistan […]

APIKUR Welcomes Intensified Talks to Resume Oil Exports

By John Lee. The Association of the Petroleum Industry of Kurdistan (APIKUR) has welcomed it described as renewed and intensified negotiations between the Kurdistan Regional Government (KRG) and the Government of Iraq (GoI) aimed at resuming oil exports via the Iraq-Türkiye Pipeline (ITP). The statement follows a high-level meeting held on 12th July 2025 between […]

Iraq announces Oil Exports for May

By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for May. Total exports of crude oil: 101,630,925 barrels. Exports from the oil fields in central and southern Iraq amounted to 100,365,335 barrels. Exports to Jordan amounted to 309,906 barrels. Exports from Qayyarah were 955,684 barrels. Average daily crude oil exports: 3.278 […]

"Catch 16" and the Resumption of Oil Exports from Kurdistan

By Ahmed Tabaqchali, Chief Strategist of Asia Frontier Capital (AFC) Iraq Fund, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Catch 16: The Issue Bedevilling the Resumption of Crude Exports through the Iraq-Türkiye Pipeline […]

Baghdad and Erbil Exchange Sharp Words over Oil Revenue Dispute

By John Lee. Iraq's federal Ministry of Oil and the Kurdistan Regional Government (KRG) have issued competing statements over the longstanding dispute regarding oil production and revenue sharing, highlighting the continued impasse that has cost the country billions of dollars in lost exports. Federal Government Position The federal Ministry of Oil in Baghdad has demanded […]

Iraq announces Oil Exports for April

By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for April. Total exports of crude oil: 100,953,282 barrels. Exports from the oil fields in central and southern Iraq amounted to 99,752,879 barrels. Exports to Jordan amounted to 299,819 barrels. Exports from Qayyarah were 900,584 barrels. Average daily crude oil exports: 3.365 […]

Iraq announces Oil Exports for March

By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for March. This continues the practice of delayed or missing oil export data from the Ministry. Total exports of crude oil: 106,663,211 barrels. Exports from the oil fields in central and southern Iraq amounted to 104,740,398 barrels. Exports to Jordan amounted to […]