To facilitate its energy deal with Kurdistan, Turkey could send revenue from Iraq's northern oil exports to an escrow account, guaranteeing money for the KRG – and stirring conflict with Baghdad.
Turkey planning to control Iraqi oil revenue
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Iraq’s oil exports decline as northern sales slump
Exports fell for the second straight month despite elevated OPEC-plus output targets.
Who killed Kurdistan’s oil exports?
Secret documents illuminate the agreement that re-started Kurdistan's exports and the reasons for its collapse.
Kurdistan pipeline exports imminent despite Baghdad outcry
With oil filling the KRG's pipeline to the Turkish border, Erbil and Ankara have outlined a mechanism under which exports could start without Baghdad's approval.
New details of KRG oil deals reveal latent risks
Kurdistan's oil trading arrangements have provided independent revenue streams, but they also present problems, including rising debts and further political controversy.
Iraq oil exports and revenue up in December, but down year-on-year
Oil exports ended 2020 on a relative high note, but the year saw federal Iraq post its lowest annual export volumes since 2014 and worst revenue total in more than a decade.
Baghdad regains control in oil disputes
Maliki’s government is using harsh tactics to reassert itself against Kurdistan’s increasingly autonomous oil policy, while the core disputes remain unresolved.
Iraq’s February oil exports rise
Monthly revenues hit another 10-year high as exports rebounded from a January dip and global oil prices spiked.
Q&A: Ali Nazar al-Shatari, deputy director general of SOMO
Infrastructure bottlenecks will limit Iraq's exports and production in the short term, but SOMO is squeezing value from oil sales through new marketing strategies.
Iraqi crude exports rise steadily through 2021
Increasing OPEC-plus quotas and a recovery in global oil prices helped Iraq achieve rising crude exports and revenues.
Q&A: Ashti Hawrami Part 3
Kurdistan's top oil official makes the case for his region's right to export oil independently.
September exports steady as northern oil sales rebound
Revenues fell with global oil prices, but higher export volumes through Ceyhan helped offset a pipeline leak that temporarily halted Basra Gulf tanker loadings.
February oil sales rise on higher northern exports
Increase of 94,000 bpd mainly due to higher volumes of both KRG and federal exports via Turkey.
Iraq’s Oil Politics: Where Agreement Might Be Found
In Iraq, oil contracting and revenue sharing are not simply technical or commercial matters but rather proxies for differing conceptions among Iraq’s communities of the country and their place within it.
March oil exports slump by 200,000 bpd due to pipeline halt
Iraq's northern exports remain offline in the aftermath of a landmark arbitration win against Turkey, with restart timing still unclear.
Exports edge upward, but northern pipeline remains offline
Baghdad has compensated for lost exports via Turkey with increased southern oil sales, but KRG exports remain entirely offline.
Iraq crude exports steady in March
Oil sales were undiminished in March despite the Oil Ministry recommitting to supplemental OPEC-plus cuts that now extend through June.
Iraqi exports finish down year with a December surge
Nationwide oil sales dropped in 2023 due to the northern pipeline outage, but federal exports hit a four-year high in December.
October oil exports and revenues rise
Nationwide exports increased by 36,000 bpd in October, but imminent OPEC-plus cuts could crimp sales in November.
January oil revenues soar to decade high despite dip in exports
Independent oil exports from Iraqi Kurdistan increased slightly, but oil prices helped Iraq overcome federal export slump.
July oil exports and revenues climb
With OPEC-plus pressure easing, Iraq increased exports slightly in July while higher oil prices drove monthly revenues to a 19-month high.
Iraq rakes in record $115.7 billion in 2022 oil revenue
High global prices led to record annual oil revenues for both the federal government and the KRG.
April exports decline as pipeline shutdown continues
Federal Iraqi exports increased slightly, but nationwide exports dropped steeply due to the total shutdown of the northern pipeline system and KRG oil sales.
Iraq exports dip but revenues hit new record
Monthly oil revenues topped $11 billion, boosted by high global prices, but export levels slipped as Iraq bumps up against infrastructure constraints.