Former MP Ghaleb Muhammad revealed, on Tuesday, the possibility of taking Iran as an alternative outlet for exporting oil in the event that negotiations with Turkey on the resumption of exports fail.
Muhammad told Al-Maalouma, “The Sulaymaniyah governorate, due to its proximity to the Iranian border, gives the government the option to complete the oil-gas exchange process through it, in addition to the possibility of exporting oil through this governorate towards Iran in the event that a solution is not reached with Turkey to resume oil export.”
He added, “There is a possibility to include the Kurdistan region’s share of oil in the barter project with Tehran, and to exploit the vicinity of Sulaymaniyah to carry out this procedure, especially since the oil must be delivered to the region at a rate of 12.6 as stipulated in the budget.”
He suggested that Iraqi oil could be transported through Sulaymaniyah, along with the region’s share, to Iranian refineries via pipelines or tanks. This highlights the need for the government to expedite measures that would simplify the process of oil transportation and exchange.