Kurdistan Regional Government: 120 billion dinars in non-oil revenues are ready to be delivered to Baghdad.
Kurdistan Regional Government (KRG) spokesperson Peshwa Hawrami confirmed on Wednesday that the agreed-upon amount of non-oil revenues is ready for delivery to the federal government in Baghdad.
“A crucial meeting is currently underway between a delegation from the Kurdistan Regional Government and the federal government in Baghdad, and there is a serious discussion about non-oil financial revenues,” Hawrami said at a press conference during his visit to Halabja province following the fire.
He added, “We have 120 billion dinars ready for delivery.”
On Tuesday, the Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Hassan, expressed optimism about the possibility of the Kurdistan Regional Government and the federal government reaching an understanding that would resolve the outstanding disputes and issues between the two sides.
In a statement to reporters following his participation in a memorial service for the victims of the 2003 bombing of the UN headquarters in Baghdad, he said, “There is good cooperation between the Kurdistan Region and Baghdad,” stressing that he has good relations with the Iraqi presidency and the region.
He added that he “listened to the regional presidency’s constant emphasis on preserving Iraq and implementing and consolidating the constitution in all its provisions.” He added that he was optimistic that Erbil and Baghdad would reach a good understanding formula to resolve their differences, and that there was an opportunity to achieve that understanding between them.
On Wednesday, August 13, the Kurdistan Regional Government’s Ministry of Natural Resources announced that it had reached an agreement with the Iraqi Ministry of Oil regarding a mechanism for resuming oil exports.
The ministry said in a statement received by Shafaq News Agency, “According to the text approved by a joint delegation of 23 figures, including 17 members of the Iraqi Oil Ministry delegation, the meetings began on July 17, and included comprehensive field visits to all oil fields in the region. After evaluating technical problems and conducting extensive dialogues, an agreement was reached on August 11 on the mechanism for exporting oil from the region’s fields, whereby 50,000 barrels of daily production would be allocated to meet the region’s local needs, while the remainder would be handed over to the State Oil Marketing Organization (SOMO) for export purposes.”
She explained that “resuming the export of Kurdistan Region’s oil requires the federal government to hold talks with the Turkish government to ensure the implementation of the agreement.”
The ministry’s statement confirms information obtained by Shafaq News Agency earlier today, Wednesday, which confirmed that the Ministry of Natural Resources in the Kurdistan Regional Government (KRG) had agreed with the Iraqi Ministry of Oil to resume exports of the region’s crude oil under a special mechanism.
According to information, the agreement stipulates that the export process will be conducted in accordance with the daily production of the fields, with 50,000 barrels allocated to meet the region’s internal needs, while the remaining quantities will be delivered to the state-owned oil company SOMO, affiliated with the federal government.
The information also indicated that the draft agreement was signed by a delegation from the federal Ministry of Oil and a delegation from the region’s Ministry of Natural Resources, confirming that the federal delegation has returned to Baghdad.
According to the same information, the start of exports requires negotiations between the federal and Turkish governments before the process can be implemented.
An informed source revealed to Shafaq News Agency last month the details of the agreement between Baghdad and Erbil regarding the resumption of Kurdistan’s oil exports. He confirmed that the agreement stipulated that the Kurdistan Regional Government would receive 240 billion dinars in revenues for May and June, at a rate of 120 billion dinars per month, in addition to delivering 230,000 barrels of oil per day to Baghdad, in exchange for the latter sending the salaries of the region’s employees for those two months.
The roots of this crisis between the federal government in Baghdad and the Kurdistan Regional Government (KRG) lie in ongoing disagreements over oil export mechanisms and the unification of public revenues. This is a long-standing crisis that resurfaces from time to time, but it has worsened significantly since May 2025, when the federal government refused to send salaries to the region’s employees.
Shafaq.com