Dr Ashti Hawrami is Minister for Energy Resources for the KRG (Kurdistan Regional Government) and will be speaking alongside Foreign Office Minister Alistair Burt and Nadhim Zahawi MP at a fringe meeting on October 5th at the Conservative Party annual conference. Iraq’s Kurds have a great and long-standing respect for Britain. In particular, we remember […]
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The new deal between Iraq's central government and Turkey on the Ceyhan pipeline reportedly blocks the export of oil and gas from Kurdistan without Baghdad's approval. Both AKnews and Azzaman report that Turkey's Energy Minister, Taner Yildiz, has agreed not to transport Kurdish oil and gas unless Baghdad agrees. Speaking to AKnews, Ali Hussein Balo, […]
The German government has refused to be drawn into the row over RWE's new gas agreement with the Kustdistan Regional Government. The Iraqi oil ministry has said the agreement is illegal because the country's oil and gas are federal resources to be administered centrally. Asked about the dispute, a spokesman for the German economy ministry […]
Prime Minister Barham Salih today announced the signing of a Cooperation Agreement between the Kurdistan Regional Government and RWE. The RWE Group is a leading European utilities company headquartered in Essen, Germany. It has extensive experience in the building, modernisation, and upgrading of energy infrastructure. Under the agreement, RWE will provide assistance to the KRG […]
Reuters, quoting a top Russian official, says Russia's largest oil producer Rosneft will invest $630 million in a joint project with UAE firm Crescent Petroleum to drill for gas in the Middle East. In May, Rosneft's Chairman Igor Sechin, who is also Russia's Deputy Prime Minister, said Russia was keen for projects to drill for […]
A memorandum of understanding signed with Iraqi officials calls for the import of as much as 300 million cubic feet (8.6 million cubic meters) of gas per day from Iran, an Iranian director said. Javad Oji, a managing director at the National Iranian Gas Co (NIGC), said an Iranian delegation traveled to Iraq at the […]
Iraq is about to sweeten the contract terms for its third bidding round for its three prized natural gas fields, in an attempt to entice international companies to enter the auction, according to a report in the Wall Street Journal. Unlike oil deals for the first and second bidding rounds for oil fields last year, […]
The Kurdistan Regional Government is preparing to export natural gas to Europe via Turkey and the Nabucco project, Turkish Hurriyet Daily News said on Tuesday. “After failing to agree with the central government in Baghdad over the sale of oil and gas, northern Iraq’s administration is now preparing to export natural gas to Europe via […]
With bilateral trade between the Iraqi Kurdistan Region and Turkey reaching US$9 billion, Massoud Barzani, the Kurdistan Region Government President, formerly an enemy of the Turkish government, was invited recently to Turkey for talks on increasing economic integration between the two entities. Lately, relations between Turkey and the Kurdistan Region have calmed significantly, progressing rapidly […]
Turkey strengthened its energy ties with Iraq by renewing a contract to import Iraqi oil to the Turkish Mediterranean Sea port of Ceyhan, where Azerbaijani oil also arrives via the Baku-Tbilisi-Ceyhan pipeline.
Turkey's energy and natural resources minister said that the crude oil pipeline agreement would be renewed with Iraq. Speaking at the 9th International Oil and Gas Conference at Ankara's Sheraton Hotel, Taner Yıldız said, "there are big and significant natural gas and oil reserves in east of Turkey. Turkey shapes its energy policies and diplomacy […]