Iraq and oil companies operating in the country’s semi-autonomous Kurdistan failed to reach an agreement during a meeting on Sunday meant to help restart crude oil exports from the northern region.

The Iraqi Ministry of Oil invited oil companies operating in Iraqi Kurdistan to attend an important meeting in Baghdad on Tuesday.

Iraqs Ministry of Oil has invited foreign companies operating under the Association of the Petroleum Industry of Kurdistan (APIKUR) and firms contracted by the Kurdistan Regional Government (KRG) to a crucial meeting

Iraq's Ministry of Oil said on Saturday it had invited global foreign companies operating under the Association of the Petroleum Industry of Kurdistan (APIKUR) umbrella, along with firms contracted by the Kurdistan Regional Government (KRG),

Iraq invited international oil companies operating in the country’s Kurdish region for a meeting next week to help resume flows halted for about two years.

In November, Reuters mentioned that Iraq’s fuel oil exports are likely to cross 18 million metric tons (380,000 barrels per day) in 2024, a record-high annual output that exceeds the 14 million tons achieved in 2023, according to projections based on data from Kpler, a global trade information source, and London Stock Exchange Group (LSEG).

Eight international oil firms operating in Iraq's semi-autonomous Kurdistan region said they would not resume oil exports through Turkey's Ceyhan on Friday despite an announcement from Baghdad that the restart was imminent.

Iraq has invited international oil companies and semi-autonomous Kurdistan's energy regulator for talks aimed at restarting crude exports from the region, following a years-long dispute over revenue and costs.