Tag Archives | KRG

DNO Sees Long-Term Oil Production in Kurdistan Licences

By John Lee. DNO has outlined the licence timelines and expected production outlook for its development and production assets in the Kurdistan Region of Iraq. In its recently-issued Annual Report for 2025, the company said the Tawke licence is due to expire in 2026, but includes an automatic five-year extension option that would extend the […]

UK Firm Wins Contract with ILO in Iraq

By John Lee. UK-based Development Analytics Ltd has won a contract with the International Labour Organization (ILO) for: "Evidence-based Inclusive policy development for improved labour market performance and integration of marginalized groups in Northern Iraq" - reference rfx_2312_ROAS. The contract value was not disclosed. The objective of this assignment is to support the Kurdistan Regional […]

KRG Says Region Received Only 41% of Federal Entitlements

By John Lee. The Kurdistan Regional Government (KRG) has outlined what it claims is a significant funding shortfall in transfers from the Federal Government over the past three years, describing the situation as a "financial gap" and an effective blockade on investment. According to its data, the Kurdistan Region's total constitutional entitlement between 2023 and […]

KRG Completes 172 Road Projects in 2025

By John Lee. The Kurdistan Regional Government has said it completed 172 road projects in 2025, strengthening transport infrastructure across the Kurdistan Region with a total investment of IQD 92,463,000,000 (approximately USD 63.4 million). The works comprised new road construction, as well as rehabilitation and asphalting of existing routes, spanning all governorates and self-administration districts. […]

SOMO Responds to Report on DNO's Activities in KRI

By John Lee. The State Oil Marketing Organisation (SOMO) has issued a clarification in response to a Reuters report on 26 September 2025 regarding DNO's export activities. SOMO reaffirmed its commitment to fulfilling all obligations within its mandate and under existing agreements with the Kurdistan Regional Government (KRG), continuing efforts to ensure the smooth flow […]

Khor Mor Attack: "More Questions Than Answers"

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. More questions than answers in Iraq as key gas facility comes under fire An attack on key natural gas facilities in Iraqi Kurdistan has cut output and temporarily left millions suffering from widespread […]

KRG Calls for Action following Khor Mor Attack

By John Lee. The Kurdistan Regional Government (KRG), along with international leaders, has condemned Thursday's attack on the Khor Mor gas field. It added that the attack was, "a direct consequence of the absence of decisive measures [by Baghdad] against those responsible for previous attacks." The field's operator, UAE-based Dana Gas, has not issued any […]

KRG Facilitates Export of Potatoes to UAE

By John Lee. The Kurdistan Regional Government (KRG) is facilitating the export of local agricultural products to international markets as part of its efforts to support farmers and boost domestic production. Under the initiative, 6,000 tonnes of potatoes will be exported to the United Arab Emirates (UAE) this year. With fertile soil and a favourable […]

KRG Expands Electricity Capacity

By John Lee. The Ninth Cabinet of the Kurdistan Regional Government (KRG) has announced that it has reinforced electricity infrastructure to achieve a continuous, 24-hour power supply across the region. The Ninth Cabinet has expanded power generation by 1,840 megawatts through new power stations, and completed more than 3,500 distribution and 61 transmission projects to […]

$43m Public Hospital opened in Duhok

By John Lee. On Wednesday, KRG Prime Minister Masrour Barzani inaugurated the Shorsh-Hetit Public Hospital in Deraluk, Duhok Governorate. The four-storey facility, built at a cost of $43 million [approx. IQD 56 billion], spans 43,000 square metres and includes 100 beds. It offers a wide range of medical services, including emergency and primary care, six […]