The Northern Oil Company of Iraq announced on Wednesday, March 18, the resumption of oil exports through the Turkish port of Ceyhan, which had been stopped in 2023.
Pumping of crude oil from Kirkuk fields has been resumed through the Saralo pumping station; the initial export capacity will be 250 thousand barrels per day.
The move was the result of an agreement between the Iraqi federal government in Baghdad and the Kurdish Autonomous Region authorities in Erbil to intensify the export route.
The decision was made against the backdrop of the closure of the Strait of Hormuz by the Iranian Islamic Revolutionary Guard Corps amid the war between Israel and the United States with Iran.
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