The Iraqi oil marketing company SOMO reported that Iraq exported 3.6 million barrels of oil per day at the start of this month. The Kurdistan Region contributed 200,000 barrels daily from its storage tanks.
Ali Nizar Shatri, director of SOMO, said: “At the start of this month, the country exported 3.6 million barrels per day. Kurdistan sends 200,000 barrels daily, generating nearly $400 million in monthly revenue.”
He added that the Kurdistan Region oil companies received $192 million from this revenue. This payment helps settle old debts and supports smooth operations for local producers.
Kurdistan started exporting oil to Turkey’s international ports in September 2025. The region now sends 180,000 to 190,000 barrels per day. These exports increase Iraq’s overall oil revenue and strengthen Kurdistan’s role in global markets.
During the last quarter of 2025, SOMO exported 19 million barrels of Kurdistan oil to international markets. Both Baghdad and the Kurdistan Regional Government followed their contracts closely, showing strong cooperation.
Kurdistan’s growing exports improve Iraq’s financial stability and support the region’s economy. Local companies use their revenue to manage debts, invest in production, and expand their operations. This consistent revenue allocation ensures that oil companies remain reliable partners in both domestic and international markets.
Experts say that Kurdistan’s steady contribution positions the region as a dependable player in the global oil market. Analysts expect exports to remain stable or grow, helping Baghdad strengthen its national energy strategy while supporting regional development.
With Kurdistan Region actively participating in Iraq’s oil sector, both the federal and regional authorities benefit from higher revenues, debt resolution, and stronger compliance with international contracts. The region’s oil production and exports continue to play a key role in Iraq’s economy and in boosting its presence in international energy markets.
