Spokesperson for the Iraqi Ministry of Oil Asim Jihad said in a statement that the Iraqi federal government and the KRG struck a preliminary agreement to export between 50,000 and 100,000 barrels per day.
The Iraqi official further added that the export and sale of Kirkuk's oil will be supervised by the State Organization for Marketing of Oil (SOMO), Reuters reported.
The statement confirms reports that Iraq has restarted oil exports in Kirkuk after a long halt caused by tensions between Baghdad and Erbil.
On November 10, Ahmed Askarai, head of the Kirkuk Provincial Council's energy committee told Voice of America that exports of oil from Kirkuk to Iran by tanker truck would stop because of US sanctions and that he was anticipating a deal to be reached between Baghdad and Erbil.
“The Iraqi government has halted Kirkuk oil exports to Iran and it now wants to export the oil to Turkey,” he said.
Reporter's code: 50101
<p style="text-align:left">The Iraqi Ministry of Oil announced on Friday, November 16, that it had reached a preliminary agreement with Kurdish authorities to resume the export of oil from Kirkuk to the port of Ceyhan in Turkey via the Kurdistan Region&rsquo;s pipeline.
News Code 25309
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