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Monday, June 15, 2026

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HomeEnergyBaghdad and Erbil Move Toward Oil Export Restart After Landmark Deal

Baghdad and Erbil Move Toward Oil Export Restart After Landmark Deal

Iraq’s energy negotiations advanced this week as officials reported a Kurdistan oil export breakthrough deal shaping progress in long-stalled talks. The Kurdistan oil export breakthrough deal emerged during discussions involving Baghdad, Erbil, and international oil companies. Federal Oil Ministry spokesperson Salim al-Rukabi confirmed the development and described it as a coordinated effort. He said the agreement aims to restore exports and resolve technical and legal barriers.

Officials from both governments and energy firms took part in intensive negotiations. They focused on export procedures, revenue handling, and operational responsibilities. Each side worked to reduce friction that previously halted shipments. The talks also examined long-term frameworks for production sharing and transport coordination across key infrastructure.

A federal security delegation recently arrived in Erbil to support the next phase of preparations. Authorities plan to secure oil fields before foreign operators resume full activity. Energy companies have pushed for stronger guarantees due to past instability. Iraqi officials now view security arrangements as essential for stable and continuous production.

Iraq currently exports about 200,000 barrels per day through available channels. Al-Rukabi indicated that output could rise once disputes settle and regional conditions stabilize. He also pointed to broader regional trade routes as a factor in future growth. Energy planners expect improved revenues when Kurdish exports fully return to market.

Analysts describe the Kurdistan oil export breakthrough deal as a significant shift in Iraq’s energy strategy. They believe a unified export system could strengthen Iraq’s position in global markets. The agreement may also ease fiscal pressure on both Baghdad and the Kurdistan Region. Investors continue to monitor unresolved commercial terms, including cost recovery and past arrears.

Officials still need to finalize key financial and technical details among stakeholders. However, momentum now supports further progress toward restarting full exports. The latest discussions suggest Iraq has moved closer to a coordinated energy framework. Authorities expect additional updates as technical teams complete remaining procedures.