Masrour Barzani: The oil agreement with Baghdad will return Kurdistan to global energy markets.

Masrour Barzani: The oil agreement with Baghdad will return Kurdistan to global energy markets.

Masrour Barzani - The oil agreement with Baghdad will return Kurdistan to global energy marketsKurdistan Regional Government Prime Minister Masrour Barzani affirmed on Thursday (September 25, 2025) that the agreement reached with the federal government on the oil file represents a “historic step” that ends years of dispute and restores the region’s direct connection to global markets.

Barzani said in a post on the X platform that the agreement was the result of joint efforts by delegations from all parties, adding: “I would like to commend the efforts of all parties, especially the resilient people of Kurdistan. On this historic day, a major obstacle to securing the financial dues of the people was removed. With the resumption of the region’s oil exports, we emphasize the need to fulfill all constitutional rights of the region.”

The KRG Prime Minister noted that the agreement opens the door to securing financial dues and ensuring the equitable distribution of wealth, thereby enhancing the stability of Iraq in general and the region in particular.

Prime Minister Mohammed Shia al-Sudani announced earlier today that a “historic” agreement had been reached between Baghdad and Erbil, whereby the federal Ministry of Oil would receive all crude oil produced in the region and export it via the Iraq-Turkey pipeline. Al-Sudani explained that the agreement includes “the fair distribution of wealth, diversification of export outlets, and investment encouragement,” describing it as an achievement Iraq has awaited for eighteen years.

Burathanews.com

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