A government delegation from the region arrives in Baghdad, and an oil agreement is imminent today.

[RJG]

A government delegation from the region arrives in Baghdad, and an oil agreement is imminent today.
Time: 2025/07/07 11:24:11 Reading: 945 times


{Political: Al Furat News} An informed source revealed that a delegation from the Kurdistan Regional Government arrived in Baghdad to hold talks with Iraqi officials regarding the draft agreement between the two sides.
According to the source, the delegation includes Acting Minister of Natural Resources Kamal Mohammed, Cabinet Secretary Amanj Rahim, and Head of the Coordination and Follow-up Office Abdul Hakim Khosro.

The delegation's visit comes as Baghdad has prepared a final draft of the agreement to re-export oil and is awaiting Erbil's response, which is expected today.

A source familiar with the Baghdad-Erbil negotiations, who preferred to remain anonymous due to the sensitivity of the issue, reported yesterday that a draft agreement on the delivery and export of oil was in its final stages. He noted that the most significant amendment to the agreement entails the delivery of all oil produced in exchange for the federal government securing the Kurdistan Region's petroleum product needs.

The source in the Kurdistan Regional Government indicated that the draft agreement stipulates that a delegation from the Ministry of Oil will be sent to the region for two purposes: first, to determine the actual level of oil production, and second, to assess the extent of local needs for petroleum products such as kerosene, gasoline, and diesel, which the federal government will provide according to the agreement.

It is worth noting that the Kurdistan Region's oil exports via the Turkish port of Ceyhan have been halted since March 25, 2023, while the amendment to the budget law entered into force on February 17 with the aim of removing obstacles to the resumption of these exports.

Under the amendment, a consulting firm will assess the costs of extracting and transporting Kurdistan's oil. Until this assessment is completed, Baghdad will temporarily pay $16 per barrel to oil companies as operating costs.

https://alforatnews.iq/news/%D9%88%D9%81%D8%AF-%D8%AD%D9%83%D9%88%D9%85%D9%8A-%D9%85%D9%86-%D8%A7%D9%84%D8%A5%D9%82%D9%84%D9%8A%D9%85-%D9%8A%D8%B5%D9%84-%D8%A7%D9%84%D9%89-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D9%88%D8%A7%D8%AA%D9%81%D8%A7%D9%82-%D9%86%D9%81%D8%B7%D9%8A-%D9%88%D8%B4%D9%8A%D9%83-%D8%A7%D9%84%D9%8A%D9%88%D9%85

[Shedagal]

I think this is huge 🙏

 

[NoviceInvestor]

1 hour ago, Shedagal said:

I think this is huge 🙏

 

Huge🙏 .. if it becomes a reality

[seks]

Yes Sir, not the HCL, but none the less,  getting her done, and signed, HUGE...

[screwball]

its all about timing...go dinar! go xrp! go swift!

[southbeach]

Praise Jesus here

[HowieC]

governments.

In the coming hours, an oil agreement is imminent between the Baghdad and Erbil governments.

2025-07-08 | 04:14

In the coming hours - an oil agreement is imminent between the Baghdad and Erbil governmentsExpectations indicate that an oil agreement is imminent between Federal Government And the region Kurdistan It may be put on the table today. Iraqi Council of Ministers For a vote, it is expected to enter into force within the next few days. This agreement holds a glimmer of hope for resolving the region’s long-standing employee salary crisis.

Stated Sabah Sobhi, member Oil Committee Gas and natural resources in House of Representatives The expected formula for the agreement stipulates that the regional government will hand over 300,000 barrels of oil per day to…Federal Government via Oil Marketing Company” SumoIn return, the federal government will grant the region 46,000 barrels per day for local consumption and refining.

Expected Sobhi This agreement will be announced and signed within the next few hours, and will be presented to Al-Youm. cabinet To be voted on, the agreement aims to end the suffering of the region’s employees and ensure their salaries are paid.

A member of the Oil Committee emphasized that this agreement is viewed as a “good omen,” not only for resolving the oil dispute between the two sides, but also for addressing the issue of delayed salaries for the region’s employees, who will then be distributed electronically according to previously designated banks.

alsumaria.tv

 

alsumaria.tv

اخبار العراق من قناه السومرية العراقية

موقع قناة السومرية العراقية يعرض اخر اخبار العراق العاجلة بالاضافة الى أجمل المسلسلات العراقية والبرامج الترفيهية مثل اكوفد واحد وابراج اليوم ومقابلات السومريه ن....

 

 

 

 

[screwball]

in the "coming hours" thats new!🤣🤣🤣

[screwball]

54 minutes ago, HowieC said:

A member of the Oil Committee emphasized that this agreement is viewed as a “good omen,” not only for resolving the oil dispute between the two sides, but also for addressing the issue of delayed salaries for the region’s employees, who will then be distributed electronically according to previously designated banks.

 

[screwball]

55 minutes ago, HowieC said:

This agreement will be announced and signed within the next few hours, and will be presented to Al-Youm. cabinet To be voted on, the agreement aims to end the suffering of the region’s employees and ensure their salaries are paid.

[screwball]

55 minutes ago, HowieC said:

oil agreement is imminent between Federal Government And the region Kurdistan It may be put on the table today. Iraqi Council of Ministers For a vote, it is expected to enter into force within the next few days. This agreement holds a glimmer of hope for resolving the region’s long-standing employee salary crisis.

[screwball]

On 7/8/2025 at 5:14 AM, RJG said:

It is worth noting that the Kurdistan Region's oil exports via the Turkish port of Ceyhan have been halted since March 25, 2023

interesting didnt know this

[Shick]

This is great news although long over due.  I am a Platinum VIP and I have had my dinars since 2004 I obtain them in Iraq.  I have been waiting to hear a scintilla of good news but for 21 years nothing good has come to the fore.  Can someone please give me an assuring update, I would surely appreciate it?

Edited August 6 by Shick

[BETTYBOOP]

believe it when I see it

[horsesoldier]

On 7/7/2025 at 1:14 PM, Shedagal said:

I think this is huge 🙏

 

Perhaps, but withholding enthusiasm until the announcement through proper channels...

 

[keylime]

9 hours ago, Shick said:

This is great news although long over due.  I am a Platinum VIP!" rel="">VIP and I have had my dinars since 2004 I obtain them in Iraq.  I have been waiting to hear a scintilla of good news but for 21 years nothing good has come to the fore.  Can someone please give me an assuring update, I would surely appreciate it?

Good things come to those who wait....and wait....and wait......

[Dinarrock]

33 minutes ago, keylime said:

Good things come to those who wait....and wait....and wait......

Praying for this to be our month Keylime!!!

[Dwaves]

Just one man's observation... this article was published here on dinarvets dated July 7, then it fell off the radar.

Was is signed , sealed and delivered?  Or was it p u s h e d into the future?humm😝

[Theseus]

5 hours ago, Dwaves said:

Just one man's observation... this article was published here on dinarvets dated July 7, then it fell off the radar.

Was is signed , sealed and delivered?  Or was it p u s h e d into the future?humm😝

Iraq Gives KRG One-Week Ultimatum to Deliver Oil, Salary Decision Delayed

 

05-08-2025 05:54

ShareFacebookTwitterWhatsAppTelegram

 

 

 

 

 

 

 

Peregraf

Iraqi Prime Minister Mohammed Shia al-Sudani has given the Kurdistan Regional Government (KRG) a one-week deadline to hand over available oil, linking the release of delayed public sector salaries to the implementation of a key oil and financial agreement between Erbil and Baghdad.

According to a source familiar with Tuesday’s meeting of the Iraqi Council of Ministers, al-Sudani reaffirmed that the KRG must fulfill its obligations under the existing deal, which was designed to resolve the Kurdistan Region’s salary crisis. Under the agreement, the KRG is required to deliver 230,000 barrels of oil per day and transfer 120 billion dinars in monthly internal revenues to the federal treasury, in exchange for Baghdad covering public sector wages in the Region.

However, the KRG has told Baghdad that it cannot currently meet the oil delivery quota due to reduced production following recent drone strikes that severely damaged oil infrastructure in the Region.

Iraqi Oil Minister Hayan Abdul Ghani presented a report during the meeting detailing the current volume of available oil in the Kurdistan Region and outlining the operational impacts of the drone attacks. Despite these complications, Prime Minister Sudani emphasized the need to implement the agreement and gave the KRG one final week to comply.

The meeting did not produce a firm timeline for the disbursement of salaries. Nevertheless, federal authorities indicated that if the KRG begins to fulfill its obligations—especially regarding oil deliveries—Baghdad will proceed with transferring salaries for June, followed by those for July.

The salary crisis, has left 1.2 million of public employees in the Kurdistan Region unpaid. The situation has severely impacted the Region’s economy, eroded public trust, and placed mounting pressure on both Kurdish and federal leadership to resolve the deadlock.

Iraqi and Kurdish officials have described the oil-for-budget deal as vital to stabilizing relations between the two governments. Yet the path forward remains uncertain, as ongoing logistical challenges and political disputes continue to hinder full implementation. The coming week is expected to be decisive in determining whether relief will finally reach the Region’s long-unpaid workforce.

[Fimum]

A month! That ain't nuttin'.

 

Hold my beer...

[horsesoldier]

On 7/8/2025 at 2:27 PM, screwball said:

in the "coming hours" thats new!🤣🤣🤣

In the coming minutes is probably next... still not holding my breath 🫁 

[Woldopep]

20 hours ago, keylime said:

Good things come to those who wait....and wait....and wait....

Keylime, any update on the month of August being our month ?

[keylime]

18 hours ago, Woldopep said:

Keylime, any update on the month of August being our month ?

August has always been our month. It's the year that is elusive. Ha!

[Laid Back]

I believe this agreement provides both governments with a predictable source of income and helps to depoliticize the salary issue, which has been a source of immense tension and public anger. By linking the KRG's oil exports to its budget share, the deal creates a mutual financial dependence that incentivizes cooperation and discourages unilateral actions. It is seen as a way to build trust and a working relationship, moving away from a cycle of financial coercion and retaliatory measures.

 

Go agreement 

Go HCL

Go Profit Sharing 

Go Stronger dinar

[horsesoldier]

Are we there yet!?!?!