KRG to export oil through Iran

Oil&Gas Materials 6 April 2016 10:38 (UTC +04:00)

The Kurdish Regional Government (KRG) will start exporting oil through Iran as part of an agreement due to be signed in a months time, a Kurdish official told Rudaw on April 5.

"A delegation from the KRG Ministry of Natural Resources met with Iran's Ministry of Oil for talks on exporting Kurdistan's oil through Iran," said Abdullah Akreyi, head of Iran-KRG relations in Kurdish Department of Foreign Affairs.

"There is a month left for final agreement between the two sides," Akreyi added."Talks about exporting Kurdistan's oil through Tabriz and Kermanshah provinces are progressing and in the final stage with only one month left for both sides to sign the agreement."

Akreyi expects that the anticipated meeting will be held in the Kurdistan Region's capital Erbil.

In late March representatives of the Kurdistan Region in Tehran said talks about exporting the Kurdish Region's oil through Iran will be resumed with the Islamic Republic of Iran after the Newroz holidays.

Nazim Dabagh, the representative of the KRGs office in Tehran, said that talks with Tehran have yet to reach a consensus.

After sanctions against Iran were lifted the Kurdish Region began to think about the prospect of exporting oil through Iran.

Dabagh says the oil pipeline will be placed in Iran for exporting oil without revealing further details on the number of barrels that will be exported per day.