The announcement came after Al-Sudani received the head of the regional government for talks to settle a dispute that has been going on for nearly twenty years regarding oil and gas.
During the press conference, the Iraqi Prime Minister said, “The agreement confirms the serious and sincere desire of the federal government and the Kurdistan government to confront all the problems and obstacles that have been inherited for years and postponed, and we have not reached solutions.”
He added that “facing these entitlements in a professional spirit stems from the general interest of all the Iraqi people, whether in the Kurdistan region or the rest of the provinces,” noting that “this is what has been translated into the draft budget law,” expressing his hope that “the House of Representatives will proceed to legislate the budget law in Fastest time to be an umbrella for each file with http details.
Al-Sudani went on to say that the country “awaits a merit, which is the legislation of the oil and gas law, which will address all the imbalances that have accompanied this file since the adoption of the Iraqi constitution.” Immediately start implementing the agreement.
Al-Sudani also stressed that the technical authorities must immediately implement the agreement, and that any delay in exporting oil will affect the total expected revenues in the 2023 budget, and said that the budget law addresses all problems in the relationship between Baghdad and Erbil.
In turn, the President of the Kurdistan Regional Government of Iraq confirmed that this oil agreement is in the interest of all Iraqis
Turkey had stopped importing oil from the Kurdistan region against the background of the decision of the arbitral tribunal at the International Chamber of Commerce in Paris, which ruled in favor of Iraq in its dispute with Turkey over oil exports from the Kurdistan region.
The resumption of pumping crude oil from the region to Turkey will allow more than 400,000 barrels per day of Iraqi oil exports.
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