AM:10:23:07/05/2025
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A high-level delegation from the Kurdistan Region’s Ministry of Natural Resources arrived in Baghdad today to meet with officials from the Iraqi Oil Ministry and international oil companies, including Epicur, to discuss the resumption of oil exports from the Kurdistan Region.
The meeting comes amid ongoing efforts to resolve the prolonged suspension of oil exports, which has cost Iraq an estimated 300,000 barrels of oil per day. Oil Minister Hayan Abdul Ghani recently stated that Iraq continues to suffer significant financial losses due to the halt and expressed surprise over what he described as new conditions set by the Kurdistan Region for the resumption of exports.
Today's meeting is expected to focus on overcoming the legal and technical challenges hindering the export process and finding a mutual agreement that would allow oil from the Kurdistan Region to flow back into international markets.
Negotiations between Baghdad and Erbil have stalled several times over the past year due to disputes over oil revenue sharing and control of export infrastructure.
NRT TV will continue to follow the developments of this meeting and provide updates as new information becomes available.