Tag Archives | Disputed territory

Tehran, Baghdad sign One-Year Oil Swap Deal

Iraqi Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] said on Sunday that a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil is for one year. “This is an agreement for one year and then we will see after that […]

Voting Starts in Kurdish Independence Referendum

Voters in Iraqi Kurdistan and the disputed areas under Kurdish control have started to cast their ballots on whether to split from the rest of Iraq and become an independent state, according to Kurdish media reports early on September 25. Reports claimed that voters had been queuing for hours before polling stations opened at 0800 […]

Kirkuk “teetering on the Brink of War”

By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A few days ahead of the Kurdistan referendum on independence, an ethnic clash took place between a group of Kurds and Turkmens in Kirkuk on Sept. 19. Local police deployed in different parts […]

New Oil Deal Still Under Discussion

By Simon Kent. Kurdish and Iraqi officials are still thrashing out details of a more sustainable and far reaching oil revenue and exports deal, following the resumption of federal oil exports into the Kurdish pipeline from Kirkuk. Last week, 100,000 bpd of Kirkuk crude from Baba Gorgor, Jambour and Khabbaz, three fields in the giant Kirkuk […]

Third NOC Official Assassinated

By Simon Kent. An official with the Iraqi North Oil Company has been shot dead in Kirkuk, northern Iraq, Reuters reports. The murder of Hassan Salim is the third assassination of an oil official from the NOC in just four months, in an area which has been disputed by Arabs, Kurds and Turkmen since the fall of the […]