Tag Archives | KRG

Kurds not coming together over New president

By Al Monitor staff. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. How Iraq’s Kurds are failing to come together over their new president Nechirvan Barzani, the prime minister of Iraq’s Kurdistan Regional Government (KRG), was elected president by the semi-autonomous region’s parliament […]

Deloitte Report on Kurdistan Oil and Gas (Q4 2018)

Today, the KRG's Regional Council for Oil and Gas Affairs has published new verified data on the Kurdistan Region’s oil exports, consumption and revenues, covering the period from 1 October 2018 to 31 December 2018, after a review of the sector by the international “Big 4” audit and consulting firm, Deloitte. The Regional Council for […]

Nechirvan Barzani elected President of KRI, amid Boycott

By John Lee. Kurdistan's regional parliament has reportedly elected Nechirvan Barzani (pictured) as president of the semi-autonomous Kurdistan Region of Iraq. The leader of the Kurdistan Democratic Party (KDP) had been serving as prime minister of the Kurdistan Regional Government (KRG). The vote was boycotted by the Patriotic Union of Kurdistan (PUK) -- the region’s […]

Iraq hopes for Dilemma-less Summer

By Farhad Alaaldin for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. It has been six months since Baghdad formed its new government, and no major political crises have arisen. For Iraq, this is unheard of. This could be the result […]

KRI Airports improve Disaster Preparedness

The United Nations Development Programme (UNDP) and the courier company DHL , in partnership with the Joint Crisis Coordination Centre (JCCC) in Kurdistan Regional Government (KRG) conducted a workshop on Getting Airports Ready for Disasters (GARD) for the period 14th to 18th Apr. The workshop aimed to prepare airports personnel to handle the logistical situations […]

KRG Details 167 Humanitarian Projects

By John Lee. The Kurdistan Regional Government (KRG) has issued a report on its "Priority Humanitarian Small Scale Projects: In Health, Education, Municipality, Electricity, Social Care, Agriculture and Livelihoods and Water Sectors Kurdistan Region-Iraq 2019". The document presents a detailed breakdown of a total 167 priority humanitarian Small Scale Projects (SMPs) for 2019. The focus […]

KRG PM receives Jordanian Delegation, pushes Investment

KRG Prime Minister Nechirvan Barzani received Jordanian Minister of Industry, Trade, and Supply Dr. Tariq al-Hammouri, Jordanian Ambassador to Iraq Montaser Oklah, Consul General of The Hashemite Kingdom of Jordan to the Kurdistan Region Haitham Abu Alfoul, and their accompanying delegation. Minister al-Hammouri highlighted historical relations between the Kurdistan Region and Jordan and expressed willingness […]

$700m Investment in Kurdistan Gas Project

Pearl Petroleum Company Limited, the consortium led by Crescent Petroleum and Dana Gas of the UAE, has signed a new 20-year Gas Sales Agreement (GSA) with the Kurdistan Regional Government (KRG) to enable production and sales of an additional 250 MMscf/day that the consortium aims to produce by 2021 as part of their expansion plans […]

KDP-PUK Deal paves way for New Kurdistan Govt

By John Lee. The Kurdistan Democratic Party (KDP) and Patriotic Union of Kurdistan (PUK) have reportedly signed a four-year political agreement which includes measures to speed up the formation of the new Kurdistan Regional Government (KRG). According to a report from Rudaw, KDP deputy president Nechirvan Barzani and the PUK's acting leader Kosrat Rasul Ali […]

Genel Energy completes Acquisition of Chevron Fields

By John Lee. Genel Energy has announced that approval has been given by the Kurdistan Regional Government (KRG) regarding the acquisition of stakes from Chevron in the Sarta and Qara Dagh (pictured) blocks, in the Kurdistan Region of Iraq. According to a statement from the company, the acquisitions have now closed and Genel therefore has […]

Deloitte Report on Kurdistan Oil and Gas

Deloitte report on Oil and Gas review in the Iraqi Kurdistan Region - Q3 of 2018 On Wednesday, the KRG Regional Council for Oil and Gas Affairs has published new verified data on the Kurdistan Region’s oil exports, consumption and revenues, covering the period from 1 July 2018 to 30 September 2018, after a review […]

KRG "suspends Oil Exports to Iran"

By John Lee. The Kurdish Regional Government (KRG) has reportedly suspended oil exports to Iran. According to Anadolu Agency, the KRG’s Ministry of Finance and Economy did not specify a reason for the move, and "it remains unclear whether the suspension is linked to U.S. sanctions on Iran." (Source: Anadolu Agency) (Source: Tasnim, under Creative […]