The latest Kirkuk, Iraq Business News – security, land, farming, infrastructure and more – brought to you by Iraq Business News
U.S. energy firm ContourGlobal is in talks with the authorities in the oil-rich province of Kirkuk regarding the construction of a 400-megawatt power plant, according to a report from Azzaman. Governor Abdulrahman Mostefa was quoted as saying that the plant would not be part of the country’s national grid as it wpuld be used exclusively […]
Turkey's Energy and Natural Resources Minister, Taner Yıldız, has said Turkey will renew the agreement with Iraq for the Kirkuk-Yumurtalık crude oil pipeline on Sept. 19. The flow of oil through the pipeline was severely affected by the seven-year US occupation of Iraq. The very limited flow has continued to decrease over the last few […]
Kirkuk's governor, Abdul Rahman Mustafa, met with the chief of the provincial reconstruction team (PRT), Fletcher Burton, to discuss security, economic and service developments in the region. The governor assured Mr Fletcher that the security situation was good and stable, as evidenced by the completion of projects in Kirkuk and the improvement of services to […]
Iraq’s North Oil Company has drilled 31 new wells in latest bid to boost output from the aging Kirkuk’s oil fields, according to a report from Azzaman. Oil first was pumped from Kirkuk more than seven decades ago. Kirkuk’s fields, once believed to be one of the world’s largest, have seen their output fall to […]
The flow of crude oil from northern Iraq's Kirkuk oilfields has again been interrupted, according to a report from Dow Jones. Shipping agents report a technical fault since Sunday on the Turkish part of the Kirkuk-Ceyhan pipeline. This is the third time the flow has been suspended this month, sometimes due to technical faults and […]
The Director General of Education in Kirkuk has confirmed that 5 engineering companies are competing on the draft design for the implementation of the second phase of the Science Park, at a cost of 4.66 billion Iraqi dinars [$4 million]. The director of school buildings, Khalaf Khalil Nasif, stressed the importance of the designs regarding […]
Kirkuk’s governor said on Sunday that the Iraqi government has allocated 132 billion Iraqi Dinars (ID) -- over $100 million -- to Kirkuk as its share of oil revenues in the first six month of this year. Kirkuk is one of Iraq’s major centers of oil production. Since 2009, for each barrel of exported oil, […]
On the pretext of drilling for oil, the North Oil Company (NOC) requires some Kurdish villagers around Kirkuk's Dubiz township to vacate their homes, and the First Deputy of the township suspects political intent behind the request, according to a report from AK News. The NOC has submitted a letter to Dubiz police to vacate […]
The Iraqi Industry Ministry has ordered its factories to work on generating electricity required for production, to minimize the load on the national electricity network. The ministry noted that power shortage is causing losses to its factories. “The ministry has issued contracts to purchase large generators for this purpose,” the ministry said in a press […]
U.S. firms are welcome to invest in the oil-rich province of Kirkuk, an official statement said. The statement, issued following a visit by some U.S. business representatives, said there were good investment opportunities in the province particularly in oil development, electricity and the refining of crude oil. The province, of which the city of Kirkuk, […]
The Kirkuk central marketplace was reopened on Wednesday after being closed for more than seven years, according to the province’s media director. “Kirkuk Governor Abdulrahman Mustapha on Wednesday (June 16) opened the Kirkuk central market with the attendance of representatives from the Trade Ministry,” Dalier Samad told Aswat al-Iraq news agency. “The market is considered […]
Iraq is considering holding a third oil auction for some of its supergiant fields, such as Kirkuk and East Baghdad, if there is enough interest from foreign players, Oil Minister Hussain Shahristani said today.
