Baghdad: The Kurdistan Regional Government (KRG) affirmed its commitment to the joint understanding with the federal government regarding oil exports and employee salaries. It also announced the imminent delivery of the quantity of oil currently ready for export, produced by foreign companies, to the State Oil Marketing Organization (SOMO), for export via the Turkish port of Ceyhan.
According to National Iraqi News Agency, the KRG stated that the Prime Minister of the Kurdistan Region, Masrour Barzani, chaired a meeting of the Council of Ministers of the region, which was attended by Deputy Prime Minister Qubad Talabani. The meeting focused on the final steps for disbursing salaries for June and July 2025, following the joint decision of the two Councils of Ministers and monitoring the work of the joint committees.
The KRG further explained that it would be responsible for compensating the oil producing company for the quantity of oil allocated for domestic use in the region, in accordance with the joint decision of the federal Council of Ministers. Additionally, the oil currently ready for export will be transferred to SOMO for export through the port of Ceyhan, underscoring the Kurdistan Regional Government’s dedication to the joint understanding between the two parties.
The statement emphasized that the federal government must ensure the payment of salaries for June and July, similar to the rest of Iraq, as the Kurdistan Region adheres to the agreed terms regarding oil and non-oil revenues. The KRG supports the success of this joint understanding, which has been previously approved by the Councils of Ministers of both sides.