Tag Archives | Hungary

Iraq Now a Key Land Bridge for TIR Transit

By John Lee. The TIR international road transit system became fully operational in Iraq on 1 April 2025, with transport companies opening seven routes via the country and completing more than 1,000 operations within the first eight months, according to the International Road Transport Union (IRU). Iraq subsequently made TIR mandatory for all goods transiting […]

One Year of TIR System Operations in Iraq

By John Lee. The General Company for Land Transport (GCLT) has marked one year since the launch of the International Road Transport (TIR) system in Iraq, which came into operation in April 2025. According to the company's director-general, Mortada Karim Al-Shahmani, approximately 2,000 transit operations have been completed across Iraqi territory during the first year. […]

Khor Mor Gas Expansion Completed Eight Months Early

By John Lee. Dana Gas and Crescent Petroleum have announced the start of commercial gas sales from the KM250 gas expansion project at the Khor Mor facility in the Kurdistan Region of Iraq, marking a 50% increase in processing capacity. Completed eight months ahead of schedule, the KM250 project adds 250 million standard cubic feet […]

Hungary and Bulgaria study Iraq's Development Road Project

By John Lee. Iraq's Minister of Transport has announced that Türkiye has established a four-party council, including Iraq, Hungary, and Bulgaria, to advance the Development Road project's connection with Europe. Razzaq Muhaibis Al-Saadawi told the state-run Iraqi News Agency (INA) that the initial designs for railway are complete, with final designs now underway. The expressway's […]

New Air Route between Erbil and Abu Dhabi

By John Lee. Wizz Air Abu Dhabi has reportedly inaugurated its first flight from Abu Dhabi to Erbil today (Friday 6th October). According to WAM, the flights operate on Monday and Friday, with the national airline flying to more than 40 destinations from Abu Dhabi. The company reported on Monday that it has added a […]

Hungary participates in Iraqi Tree Planting Project

By John Lee. Iraq's Minister of Agriculture, Abbas Jabr Al-Ali Al-Maliki, met with the Hungarian ambassador to Baghdad, Attila Tar, to discuss the development of Iraqi-Hungarian relations, specifically in agriculture. The ambassador presented areas of joint cooperation, including the manufacture of modern machinery, agricultural commodities, organic fertilizers, and scholarships. The Minister welcomed Hungary's participation in […]

Hungary to Import Iraqi Dates?

By John Lee. The Director General of the General Company for Exhibitions and Trade Services at the Ministry of Trade in Iraq, Adel Al-Masoudi, met with the Hungarian Ambassador to Iraq, Attila Tarr, to discuss strengthening economic and trade relations between the two countries. They exchanged views on ways to enhance cooperation in political and […]

GKP "on Track" to Meet Production Guidance

Gulf Keystone has provided an operational and corporate update: Jon Harris, Gulf Keystone's Chief Executive Officer, said: "We are pleased to announce that we have submitted a draft Field Development Plan to the Ministry of Natural Resources. While the timing of FDP approval is uncertain given the scale of the project, this is an important […]

GKP Resumes Kurdistan Investment Programme

Gulf Keystone Petroleum (GKP) has announce the resumption of the Company's growth plans to ramp-up gross production towards 55,000 barrels of oil per day ("bopd"). Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "After a year of successfully managing the impact of COVID-19 on our people and production operations at Shaikan, we are pleased […]

Euro Ambassadors Condemn State Violence in Iraq

The Ambassadors of Canada, Croatia, Czech Republic, Finland, France, Germany, Hungary, Italy, the Netherlands, Norway, Poland, Romania, Spain, Sweden, the United Kingdom and the United States condemn the excessive and lethal use of force by Iraqi security forces and armed groups since 24 January against peaceful protestors, including in Baghdad, Nasiriya and Basra. Despite assurances […]

Crescent Petroleum to Increase Investment in Iraqi Gas

By John Lee. UAE-based Crescent Petroleum is reportedly planning a significant increase in its production of natural gas at its Pearl Petroleum operations in Iraq. President Badr Jafar (pictured) is quoted as saying that there will be an investment of $1 billion to boost production to 500 million cubic feet of gas per day by […]