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IBN: Major Discrepancy in Kurdistan Oil Figures ht…

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Cyprus Airways to Resume Flights to Kurdistan

Cyprus Airways to Resume Flights to Kurdistan

Cyprus Airway is expected to resume flights to Iraqi Kurdistan next month, reports AKnews.

The carrier is planning to re-launch flights to Erbil on April 11, according to Erbil International Airport‘s relations adviser Andrew Jones.

Cyprus Airway operated four flights to Erbil in July last year but then stopped the service.

Cyprus Airway will operate one flight per week from the southern coastal city of Larnaca to Erbil and have also been authorized by Erbil airport to operate up to three flights per week, Jones added.

In January this year Erbil International Airport reported a 37 percent increase in travelers using the airport in 2011.

In a statement Erbil airport manager Talar Fayaq said more than 620,000 people used the airport in 2011. She predicted the airport could see further increases in the number of visitors and the amount of transported goods in 2012.

(Source: AKnews)

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Kurdistan to Produce 400,000 bpd by End-2012

Kurdistan to Produce 400,000 bpd by End-2012

AKnews reports that Iraqi Kurdistan will be able to produce 400,000 barrels per day (bpd) of crude oil by the end of the year, an increase of 128% from current 175,000 bpd.

“The successful policies of the KRG has made it possible for the region to start from scratch and is now capable of produce 175,000 bpd,” the Minster of Oil and Natural Resources, Ashti Hawrami, said on Monday.

“At this rate, by the end of this year our daily production will hit 400,000 bpd. We have plans to increase our production capacity to one million bpd by 2014, and two million bpd by 2019.”

Currently, 48 companies from 18 countries work in the oil and gas sector in Kurdistan.

(Source: AKnews)

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Kurdistan President Tasks New PM to Form Cabinet

Kurdistan President Tasks New PM to Form Cabinet

Kurdistan Region’s President Masoud Barzani on Wednesday, 7 March, confirmed Nechirvan Idris Barzani as the new Prime Minister of the Kurdistan Regional Government and tasked him to form the 7th Cabinet.

This follows the decision on February 17 by the Kurdistan Parliament to nominate Nechirvan Barzani for the post of prime minister and Imad Ahmed Sayfour as his deputy. Following their confirmation by the President, Mr Barzani and Mr Sayfour will have 30 days to form the Cabinet.

Nechirvan Barzani has a long and distinguished career of public service and was prime minister from 1999 to 2006 of the Erbil Administration of the KRG. He became the first prime minister of the unified government when the Erbil and Suleimaniah administrations merged. He served in this post until 2009. Mr Sayfour, also a veteran politician, was the Minister for Construction and Housing from 2006 to 2009 when he served as Deputy Prime Minister for a short time.

Mr Barzani and Mr Sayfour will replace Dr Barham Salih and Azad Barwari who have been in the posts of prime minister and deputy prime minister for two years as part of a coalition agreement between Kurdistan’s two leading parties. According to the agreement, these posts and those of Speaker and Deputy Speaker of Parliament will rotate every two years. The Parliament also voted in a new Speaker, Arsalan Bayez, and Deputy Speaker, Hassan Mohammed, last month.

(Source: KRG)

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Italian Ambassadors Hope to Bolster Relations with Kurdistan

Italian Ambassadors Hope to Bolster Relations with Kurdistan

Italy’s ambassador to Iraq and the director general for political and security affairs at the Italian Ministry of Foreign Affairs met President Masoud Barzani and government officials in a visit to the Kurdistan Region this week.

Italy’s Ambassador to Iraq Gerardo Carante was joined by Ambassador Sandro De Berrnadrin in a visit that is part of Italy’s efforts to foster closer diplomatic and trade relations with the Kurdistan Region and was part of Ambassador De Berrnardin’s wider visit to Iraq.

In his meeting with the delegation, President Barzani said that he was pleased to welcome the ambassadors to Kurdistan. “We are very happy to have a representation of the Italian government and people here in Kurdistan, and we hope that we will be able to see their presence here increase in the coming years as the Region continues to develop and progress.”

Ambassador De Berrnadrin expressed his pleasure at being able to visit the Region and said, “Your desire to further our relations is also our desire, and the opening of our diplomatic post here in Erbil is a testament to our commitment.”

Both sides went on to discuss the current political developments in Iraq and in the wider region as a whole, and President Barzani briefed the ambassadors about the efforts by Kurdish leaders both in Erbil and in Baghdad to bring all the political factions together in a national conference.

Ambassador De Berrnadrin was hopeful for the resolution of the contentious issues among Iraq’s political groups. He said, “We praise the role that the Region is playing, not only in Iraq, but also in the wider region. The wise approach that your government has taken on a number of issues is encouraging, and we believe that it is improving the situation.”

In a separate meeting with the Head of the Department of Foreign Relations, Minister Falah Mustafa, both sides discussed a number of sectors in which they could work more closely together, giving particular attention to expanding economic and trade relations.

“We want to promote a relationship that benefits both sides,” the Minister said. “You stand to benefit from profits, and the Region stands to benefit from your involvement in rebuilding our infrastructure. We have suffered from destruction for many years. We are now in the process of rebuilding, and we can use your continued support and involvement,” he added.

In addition to these meetings, the ambassadors met with a number of other senior KRG officials and were accompanied by Dr Simone De Santi, Head of the Erbil Consular Office of the Embassy of Italy.

(Source: KRG)

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