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VisitIraq Calls for Baghdad Meeting to Resume Kurdish Oil Exports via Ceyhan
May 28, 2024, 04:55 PM
Oil companies operating in Iraq’s Kurdish region, including those represented by the industry group Apikur, have expressed their willingness to negotiate contract terms to restart oil exports that have been stalled for more than a year. The Iraqi Oil Ministry has called for a meeting on Tuesday with the Kurdistan region’s Ministry of Natural Resources and international companies operating there in Baghdad to expedite the resumption of oil exports through Turkey's port of Ceyhan. The meeting is aimed at reaching an agreement to restart production and resume exports as soon as possible.
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Markets
Yes • 50%
No • 50%
Official statements from the Iraqi Oil Ministry or Kurdistan region’s Ministry of Natural Resources
Yes • 50%
No • 50%
Shipping data from the port of Ceyhan or statements from the Iraqi Oil Ministry
Yes • 50%
No • 50%
News reports or official statements regarding the negotiation process
Company B • 25%
No company resumes by deadline • 25%
Company C • 25%
Company A • 25%
Company press releases or shipping data from the port of Ceyhan
Decrease • 25%
Significant increase • 25%
Moderate increase • 25%
No change • 25%
Global oil price indices
No agreement reached • 34%
Partial agreement reached • 33%
Full agreement reached • 33%
Official announcements post-meeting