By John Lee. An unidentified spokesman from the Turkish Energy Ministry has told the Platts that it's not possible to build a new oil pipeline in the time expected by Kurdish officials. Ashti Hawrami, the Kurdistan Regional Government's Minister of Natural Resources, is reported to have said last week that it would take less than […]
A pipeline to export oil from the Kurdistan Region will be operational within a few months, Ashti Hawrami (pictured), the Kurdistan Regional Government Minister of Natural Resources, told a meeting at the UK's Conservative Party conference yesterday. 'The new oil export pipeline from the Kurdistan Region is almost complete and is expected to be operational […]
Translated from Al-Hayat by Abdel Wahed Tohmeh, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan Region Natural Resources Minister Ashti Hawrami (pictured) said that the shares of oil companies operating in the region have exceeded $3.5 billion. He stressed the […]
By John Lee. Ashti Hawrami (pictured), the Natural Resources Minister of the Kurdistan Regional Government, said on Wednesday that Iraqi Kurdistan will start exporting crude oil by pipeline "very soon" after the completion of a new link to the Turkish border by the end of September. Bloomberg quotes the minister as saying that the pipeline to […]
The Kurdistan Regional Government’s Minister for Natural Resources last week at the Baker Institute in Houston said that the US administration can help Baghdad and the Kurds to resolve their disagreements on oil and gas. Dr Ashti Hawrami (pictured) said: “We believe that Washington can help Iraq shepherd through a deal on energy in accordance […]
The KRG's Natural Resources Minister, Ashti Hawrami (pictured), has said that the Kurdish region could export 250,000 barrels of oil a day this year and is "on track" to ship 1 million bpd by 2015 and 2 million by 2019. "We need to get oil from the Kurdistan region -- and more widely from northern […]
By John Lee. Iraqi Kurdistan's energy minister, Ashti Hawrami, is reported as saying that the KRG has awarded Chevron a stake in the Qara Dagh oil block (pictured). Jay Pryor, Chevron's Vice President for business development, met with Kurdistan President Mr Masoud Barzani at the World Economic Forum in Davos, reports Steel Guru. During the […]
By John Lee. Reuters reports that Kurdistan has begun shipping oil to international markets in independent export deals that some see as paving the way to greater Kurdish autonomy. The move is likely to further enrage the central government in Baghdad, but the involvement of two of the world's largest trading houses, Trafigura and Vitol, […]
By John Lee. The Kurdistan Regional Government's Minister for Natural Resources, Ashti Hawrami (pictured), has announced that the Kurdish region will be self-sufficient in oil products next year. He expects an increase in Kurdistan refinery's production from 40,000 to 100,000 barrels per day, resulting in a surplus of oil products. Hawrami also disclosed that there […]
By John Lee. The Kurdistan Regional Government (KRG) is planning to build an oil pipeline to Turkey with a capacity of 1 million barrels a day, according to a report from Platts. KRG natural resources minister Ashti Hawrami (pictured) told an energy conference in Turkey on Thursday that plans were already in place for the […]
Kurds in Iraq are growing restless and impatient over the violence and open political rivalries in Baghdad, between Shias and Sunnis. Iraq's autonomous Kurdish region of four million is a haven of relative stability and prosperity and what's more has its own oil riches to exploit. HARDtalk’s Zeinab Badawi speaks to Ashti Hawrami (pictured). For […]
By John Lee. Reuters reports that the Kurdistan Regional Government (KRG) expects an initial payment of 1 trillion dinars ($858 million) from Baghdad to clear next week after the two sides settled their dispute over payments to oil producers. "By 2015, we are looking at 1 million barrels per day. We're on track, regardless of […]
