Kurdish oil exports are expected to restart in the near future
The Iraqi parliament's deputy leader has reported that Kurdistan Region's oil exports are expected to restart soon after a 20-day hold.
This news comes from a recent meeting with the Iraqi Prime Minister who confirmed that administrative and technical procedures are nearly complete and oil flow is expected to resume in one to two days.
In March, Iraq won an arbitration case against Turkey, which led to the cessation of Kurdish oil exports and halted operations in the region.
Although a deal was signed on April 4 between Kurdistan Region's Prime Minister and Iraq's Prime Minister to restart exports, oil is not currently flowing through the pipeline to Turkey.
However, the deputy leader revealed that Baghdad and Ankara have agreed and removed any obstacles.
The halt in oil exports has impacted the Kurdistan Region's ability to pay its civil servants, and the deputy leader held Baghdad accountable for providing the necessary funds until oil flow is restored.