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KDP Kirkuk Faction Hails Oil Export Deal as Boost for Economic Recovery

KIRKUK, Iraq – The Kurdistan Democratic Party (KDP) faction in Kirkuk has welcomed the agreement to resume oil exports through the Ceyhan pipeline, describing it as an important step toward economic recovery.

In a statement, the faction praised the deal as a strategic move that could help improve financial conditions in both the Kurdistan Region and Iraq. Officials said the agreement reflects the importance of cooperation between Erbil and Baghdad.

The faction credited Prime Minister Masrour Barzani for his role in advancing the negotiations. They said his efforts contributed to reaching an understanding during a critical time.

According to the statement, restoring oil exports will support public revenues. Officials noted that increased income is essential for addressing ongoing economic challenges.

They also emphasized the broader impact of the agreement. They said the move could strengthen economic stability and create opportunities for future growth.

The Ceyhan pipeline remains a key export route for oil from the Kurdistan Region. Its reopening is expected to have positive effects on trade and investment.

The KDP faction highlighted the need for continued coordination between all parties. They said long-term success depends on sustained dialogue and cooperation.

They also expressed hope that the agreement will pave the way for resolving other outstanding issues between the Kurdistan Regional Government and the federal government.

The statement concluded by reaffirming support for efforts that promote stability and economic progress. Officials stressed that unity and cooperation remain essential for overcoming current challenges.

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