Tag Archives | KRG

KRG Details 167 Humanitarian Projects

By John Lee. The Kurdistan Regional Government (KRG) has issued a report on its “Priority Humanitarian Small Scale Projects: In Health, Education, Municipality, Electricity, Social Care, Agriculture and Livelihoods and Water Sectors Kurdistan Region-Iraq 2019“. The document presents a detailed breakdown of a total 167 priority humanitarian Small Scale Projects (SMPs) for 2019. The focus […]

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KRG PM receives Jordanian Delegation, pushes Investment

KRG Prime Minister Nechirvan Barzani received Jordanian Minister of Industry, Trade, and Supply Dr. Tariq al-Hammouri, Jordanian Ambassador to Iraq Montaser Oklah, Consul General of The Hashemite Kingdom of Jordan to the Kurdistan Region Haitham Abu Alfoul, and their accompanying delegation. Minister al-Hammouri highlighted historical relations between the Kurdistan Region and Jordan and expressed willingness […]

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$700m Investment in Kurdistan Gas Project

Pearl Petroleum Company Limited, the consortium led by Crescent Petroleum and Dana Gas of the UAE, has signed a new 20-year Gas Sales Agreement (GSA) with the Kurdistan Regional Government (KRG) to enable production and sales of an additional 250 MMscf/day that the consortium aims to produce by 2021 as part of their expansion plans […]

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KDP-PUK Deal paves way for New Kurdistan Govt

By John Lee. The Kurdistan Democratic Party (KDP) and Patriotic Union of Kurdistan (PUK) have reportedly signed a four-year political agreement which includes measures to speed up the formation of the new Kurdistan Regional Government (KRG). According to a report from Rudaw, KDP deputy president Nechirvan Barzani and the PUK’s acting leader Kosrat Rasul Ali […]

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Genel Energy completes Acquisition of Chevron Fields

By John Lee. Genel Energy has announced that approval has been given by the Kurdistan Regional Government (KRG) regarding the acquisition of stakes from Chevron in the Sarta and Qara Dagh (pictured) blocks, in the Kurdistan Region of Iraq. According to a statement from the company, the acquisitions have now closed and Genel therefore has […]

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Deloitte Report on Kurdistan Oil and Gas

Deloitte report on Oil and Gas review in the Iraqi Kurdistan Region – Q3 of 2018 On Wednesday, the KRG Regional Council for Oil and Gas Affairs has published new verified data on the Kurdistan Region’s oil exports, consumption and revenues, covering the period from 1 July 2018 to 30 September 2018, after a review […]

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KRG “suspends Oil Exports to Iran”

By John Lee. The Kurdish Regional Government (KRG) has reportedly suspended oil exports to Iran. According to Anadolu Agency, the KRG’s Ministry of Finance and Economy did not specify a reason for the move, and “it remains unclear whether the suspension is linked to U.S. sanctions on Iran.” (Source: Anadolu Agency) (Source: Tasnim, under Creative […]

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Erdogan’s plans in Iraqi Kurdistan may Backfire

By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. For about 10 years, the Kurdistan Democratic Party (KDP), which controls Erbil and Dahuk provinces in Iraq, has enjoyed close working relations with the Turkish government on trade, energy […]

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Kurdistan Tourism to “Double” by 2025

By John Lee. The head of Iraqi Kurdistan’s Board of Tourism has reportedly said that tourism is expected to “approach” 15 percent of gross domestic product (GDP) by 2025. Mawlawi Jabar Wahab told Rudaw that this would be roughly double the sector’s current size. Visitor numbers are now beginning to climb once more, topping three […]

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HRW claims Children Tortured in Kurdistan

The Kurdistan Regional Government (KRG) in northern Iraq is torturing children to confess to involvement with the Islamic State (ISIS), according to Human Rights Watch (HRW). Children told Human Rights Watch that in 2017 and 2018, security officers, known as Asayish, used beatings, stress positions, and electric shock on boys in their custody. Most said […]

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Deloitte report on Kurdistan Oil and Gas – Q2, 2018

Fourth Deloitte report on Oil and Gas Review in the Kurdistan Region, Iraq – Q2 of 2018 Today, Regional Council for Oil and Gas Affairs has published new verified data on the Kurdistan Region’s oil exports, consumption and revenues, covering the period from 1 April 2018 to 30 June 2018, after a review of the […]

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KRG PM Barzani receives Lebanese Delegation

KRG Prime Minister Nechirvan Barzani received Lebanese Minister of Foreign Affairs Gebran Bassil, Minister of State for Combating Corruption Nicolas Tueni, and their accompanying delegation. In the meeting, also attended by Kurdistan Regional Government ministers and senior officials, they discussed the political situation in Iraq including the post-election process, and the formation of the new […]

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