ERBIL, Kurdistan Region of Iraq – Iraq pocketed more than 6.3 billion dollars in oil revenues in December, exporting over 107 million barrels, including nearly 6 million barrels from the Kurdistan Region, Iraq’s State Organization for Marketing of Oil (SOMO) announced on Sunday.

“In December 2025, the total exported crude oil reached 107,651,061 barrels, which generated revenue of 6 billion, 388 million, 429 thousand, and 610 dollars,” the SOMO said.

The bulk of the exports came from south Iraq’s Basra fields, which accounted for over a 100 million and 450 thousand barrels, while the Kurdistan region exported more than 5 million 997 thousand through the Ceyhan port.

December’s revenues were slightly lower than November’s 6.59 billion dollars.

Iraq’s current production capacity sits at around 4 million barrels per day, according to an agreement with OPEC+, of which nearly 700,000 barrels are used domestically.

The Kurdistan Region has also begun exporting oil through Turkey’s Ceyhan port through the State Organization for Marketing of Oil (SOMO) following the resumption of exports after a breakthrough was reached between Erbil, Baghdad, and international oil companies.

Kurdish oil exports through Ceyhan resumed in September, ending a 30-month hiatus that resulted in an estimated $30 billion in lost revenue to Iraq.

The Kurdistan Region’s oil exports through Turkey’s Ceyhan port had been halted since March 2023, when a Paris-based arbitration court ruled that Ankara had breached a 1973 pipeline agreement by allowing Erbil to start selling oil independently in 2014, awarding the case to Baghdad.

Oil sales provide more than 90 percent of Iraq’s revenue, and the state’s economy and spendings are highly dependent on its oil sector.