
Tripartite northern export deal renewed, spurring Kurdistan field restarts
Northern export volumes are set to rise after a three-way agreement between Baghdad, Erbil, and IOCs was extended to January 2027.
The Source to Iraq, Its People and Its Oil
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Northern export volumes are set to rise after a three-way agreement between Baghdad, Erbil, and IOCs was extended to January 2027.

Export volumes doubled from June to July, and August is running higher still — yet revenues remain billions of dollars short of monthly spending needs.

The first federal purchases of gas could open a key market for producers — and trigger contractual and political battles with the KRG.

A temporary agreement enables Iraq's northern exports to keep flowing but sets a 750,000 bpd expectation that will be difficult to meet.

Rehabilitated federal Iraqi pipeline route to Turkey offers future strategic value but no short-term export boost.

June production climbed to 2 million bpd, but fields have been forced to ramp up and cut back within days as export loadings fluctuate — and renewed U.S.-Iran fighting now threatens the recovery.

Twin threats to southern oil exports and Kurdistan's gas supply show Iran-aligned armed groups can still hit Iraq's energy lifelines.

The contract sets a production target of 140,000 bpd and extends a wave of agreements with American companies ahead of Prime Minister Zaidi's visit to Washington.

A five-year contract with Halliburton targets 250,000 bpd from two Basra fields, while a Chevron-linked consortium wins approval to study Turkey and Syria export pipeline routes.

Baghdad and Ankara are pursuing a temporary deal to keep Iraq's only secondary oil export route operating past the July 27 expiration of the Iraq-Turkey Pipeline treaty.