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Eight international oil companies reach agreement with Iraq, KRG to resume oil exports
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Eight international oil companies reach agreement with Iraq, KRG to resume oil exports
Sep 24, 2025 6:59 AM

Sept 24 (Reuters) - The eight international oil

companies operating in Iraqi Kurdistan reached agreements in

principle with Iraq's federal and Kurdish regional governments

to resume oil exports, according to an IOC statement seen by

Reuters on Wednesday.

The agreed framework, once signed and implemented, will

allow exports to restart "in the coming days", the statement

said.

Norway's DNO, and its partner Genel Energy ( GEGYF )

, are yet to sign the agreement, a source with direct

knowledge of the matter told Reuters, while all other companies

have already signed.

DNO and Genel Energy ( GEGYF ) did not immediately respond to requests

for comment.

The agreement would mark a breakthrough in the deadlock and

allow 230,000 barrels of crude a day to flow through the

Iraq-Turkey pipeline which has been suspended since March 2023.

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