Pipeline oil exports from Iraqi Kurdistan to Turkey are set to resume imminently after a two-and-a-half-year halt which has battered the region’s independent oil sector and cost the semi-autonomous Kurdistan Regional Government (KRG) billions of dollars in lost revenues.

The Federal government signed a landmark interim trilateral agreement with the KRG and most of the Region’s IOCs on 25 September to enable the restart of pipeline exports to Turkey’s Ceyhan oil terminal. In a short statement on 25 September, the KRG’s Ministry of Natural Resources (MNR) said that it expects flows to begin within 48 hours, and Turkish officials were holding discussions on the restart as MEES went to press. (CONTINUED - 3893 WORDS)