Kurdistan Regional Government Ministry of Natural Resources Responds to Iraqi Ministry of Oil Statements

Date:

Share post:

The Kurdistan Regional Government Ministry of Natural Resources has responded to recent statements from the Iraqi Ministry of Oil. Officials say Baghdad’s claims misrepresent the situation and attempt to mislead public opinion.

The response followed a statement from the Iraqi ministry claiming the Kurdistan Region was not ready to export oil through pipelines to the Turkish port of Ceyhan. Kurdish officials rejected this claim. They said the statement ignored several key issues related to the crisis.

According to the ministry, Baghdad’s statement did not explain the full situation. Officials argue that the Iraqi ministry tried to blame the Kurdistan Region while ignoring broader economic and political problems.

The ministry also criticized financial measures imposed by the federal government. Officials say restrictions on dollar access have affected traders in the Kurdistan Region. These restrictions slowed commercial activity and created pressure on local markets.

Moreover, security concerns also remain a major challenge. The ministry reported several attacks on oil fields, refineries, and energy facilities in the region. These attacks forced some production sites to stop operating.

As a result, oil output in the Kurdistan Region has dropped in recent months. Lower production has reduced the amount of oil available for export.

Kurdish officials also criticized Baghdad for failing to stop these attacks. They said federal authorities have not taken effective measures to protect energy infrastructure.

Therefore, the statement added that some armed groups involved in the attacks receive salaries or support from federal institutions. Meanwhile, public sector salaries in the Kurdistan Region often face delays.

Despite these tensions, the Kurdistan Regional Government said it remains open to dialogue. Officials called for serious talks between Erbil and Baghdad.

In conclusion, they said constructive negotiations could help resolve disputes and stabilize Iraq’s energy sector, while strengthening cooperation between Erbil and Baghdad for long-term economic and energy stability.

Related articles

Gold Trades Near $4,330 as Prices Remain Strong in Global Markets

Gold prices continue to trade at high levels as investors wait for the first policy meeting of the...

Oil Prices Drop 10% Amid Expectations of U.S.–Iran Agreement

Global oil prices have fallen by around 10% this week as markets react to growing expectations of a...

Iraqi Dinar Under Pressure as Experts Warn of Possible Further Decline

The Iraqi dinar continues to weaken against the U.S. dollar. Economists expect more pressure in the coming period....

Kurdistan Region Oil Exports to Resume Next Week

The Kurdistan Regional Government (KRG) and the Iraqi Federal Government have reached an agreement to restart oil exports...