The Iraqi Oil Ministry said on Sunday that the lack of agreement between Baghdad and Erbil on the export of oil through the northern port, Iraq loses daily losses of up to 550 thousand barrels per day.

"The oil of Kirkuk is suspended because of lack of agreement with the Kurdistan region, " said the ministry spokesman Assem Jahd in an interview with Alsumaria News , noting that "the Ministry of Oil wish to resume again through the pipeline region.
He added that "the production of Kirkuk fields now is more than 150 thousand barrels and can increase these rates after the resumption of exports," adding that "non-export through the northern port causes the loss of Iraq to financial revenues to the daily export rates of more than 550 thousand barrels per day."

"The ministry has announced more than once its desire to export through the northern port, but the complexities of files between the federal government and the region caused, as well as the Territory to export and conclude contracts with companies without reference to the federal government and the Ministry of Oil."

He stressed that "stop oil exports hurt the national economy and cause significant financial losses," and called for "placing the national interest above all considerations to export these quantities will contribute to the Iraqi budget to be funded by export funds distributed to all Iraqis."

It is noteworthy that the Iraqi Oil Ministry called in more than negotiations in the Kurdistan region to hand over exports to the Iraqi company Sumo , but the region refuses to hand over exports, and the fate of oil exports of Kirkuk, which was issued by the Kurdistan region since 2014 is one of the mysterious files.

According to observers, the management of the oil file in the region is fraught with a lot of uncertainty about the fate of oil revenues, financial problems with companies, debt and loans from companies and countries, and this is raised by some political forces within the region, which demands disclosure of exports of the region and the money achieved from the sale of oil.