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In the first quarter of this year, the Turkish company received 252 million dollars in oil from the Kurdistan region. According to Deloitte data, for each barrel of oil, 7 dollars go for the Turkish companies, which is 8 percent of the Kurdistan region's oil revenues.

According to Deloitte data, the amount of money paid to both Turkish energy companies (TEC and TPIC) instead of loans and pipeline fees in the first quarter of this year was as follows.

# The total amount spent on the two companies in the first quarter of this year was (252 million 455 thousand 135) dollars.

# The total amount spent on a daily basis will be (2 million 805 thousand 57) dollars.

# From each barrel of oil about 7 dollars went for the two Turkish companies.

# (8.33%) of the oil revenue (through pipelines) went to the two Turkish companies.

Turkey's benefits from the Kurdistan Region's oil sector

Deloitte has released its report for the first quarter of 2022, according to the statistics and audits of Deloitte for the Kurdistan Region from January 1 to March 31, The Kurdistan Regional Government (KRG) exported 36 million 453 thousand 590 barrels of oil through the pipeline to the Turkish Port of Jayhan during the first three months of this year, of which after storage and purification from water composition, only (34 million 923 thousand 168) barrels of oil were delivered to buyers. On average, each barrel of oil in the region was sold for $86.73, with total revenues of 3 billion, 28 million, 903,497 US dollars.

According to the report, the Kurdistan Regional Government has paid two types of money to two Turkish companies, namely;

1. Payment for the tariff of the Turkish Energy Company (TEC) for the transportation of the KRG oil.
2. Repayment of debts of Turkish Energy Company (TEC) and Turkish Petroleum International Company (TPIC).

The total amount of money paid to the two companies was (252 million 455 thousand 135) dollars. (125 million) dollars instead of loans and (127 million 455 thousand 252) dollars instead of transportation of Kurdistan Regional Government oil within Turkish territory. So that:

# Each barrel of oil sold at (86.73) dollars and (6.93) dollars went to the two Turkish companies.

# The Kurdistan Regional Government (KRG) exported 36 million 453 thousand 590 barrels of oil, 34 million 923 thousand 168 barrels were delivered to buyers, the total value was (3 billion 28 million 903 thousand 497) dollars. 8.33 percent of this amount or $252 million, 455,135 were paid to two Turkish companies.

Total payments to Turkish companies in the first quarter of 2022

Based on the above analysis, the amount of money spent by the Kurdistan Regional Government (KRG) in exchange for loans and pipeline rents to the two Turkish energy companies (TEC) and (TPIC) in the first quarter of this year.

# Total expenditure in the first quarter of this year was (252 million 455 thousand 135) dollars.

# The total amount spent for December, which was (31) days, was (86 million 956 thousand 769) dollars.

# The total amount spent for February, which was (28) days, was (78 million 541 thousand 597) dollars.

# The total amount spent for March, which was (31) days, was (86 million 956 thousand 769) dollars.

# The daily amount spent was (2 million 805 thousand 57) dollars for the Turkish companies.