The Kurdistan Region is set to resume oil exports and is expected to deliver 200,000 barrels of oil per day to Iraq’s State Oil Marketing Organization (SOMO). The oil will be sold through Turkey’s Ceyhan port, with revenues deposited into Iraq’s Ministry of Finance.
At present, a barrel of crude oil sells for approximately $95 on global markets. If the Kurdistan Region delivers 200,000 barrels per day, this would amount to 6 million barrels per month. Daily revenue would total about $19 million, while monthly revenue would reach approximately $570 million, equivalent to nearly 850 billion Iraqi dinars.
The Iraqi government allocates $16 per barrel to oil-producing companies operating in the Kurdistan Region. Based on 6 million barrels per month, these payments would total approximately $96 million monthly.
Monthly Transfers from the Kurdistan Region to Baghdad
Oil revenues: 850 billion Iraqi dinars
Domestic revenues: 120 billion Iraqi dinars
Total: 970 billion Iraqi dinars
Monthly Transfers from Baghdad to the Kurdistan Region
Salaries: 970 billion Iraqi dinars
Payments to oil companies: 140 billion Iraqi dinars
However, due to the war involving the United States, Israel, and Iran, as well as attacks on oil fields in the Kurdistan Region, oil production and exports were suspended for a period and later resumed only on a limited scale.
Oil exports through Turkey’s Ceyhan port were significantly lower than the claimed 200,000 barrels per day:
April 2026: 339,064 barrels exported.
March 2026: 1.271 million barrels exported.
These figures show that actual export volumes have been far below the level assumed in the claim, meaning the projected monthly revenue of 850 billion dinars is not currently being generated.
