Iraqi Oil Ministry: Government Keen on Speeding Up Resumption of Kurdistan Region’s Oil Exports
Baghdad, April 02 (QNA) – Iraqi Ministry of Oil has affirmed the federal government’s keenness on speeding up the resumption of the Kurdistan Region of Iraq’s oil exports through the Turkish port of Ceyhan as well as work to bring views closer to serve the public interest.
In a statement issued on Sunday and carried by Iraqi News Agency, the ministry noted the flexibility required to move forward towards achieving the goal of resuming export first according to the new data after the decision of the international court, and then discuss other outstanding technical issues between the center and the region.
The ministry stressed the importance of revenues from resuming the region’s oil exports in supplying the federal budget according to the agreed quantities, noting that it expressed all of this in bilateral meetings with the region’s delegation.
In light of the positive atmosphere and bilateral understandings, the ministry expressed its hope to reach an agreement to resume oil exports soon, adding that “in the event that a final agreement is reached in accordance with the new understandings for oil export, this will be announced in due course.”