Gulf Keystone Petroleum (GKP) has announced that a crude oil sales agreement has been signed between Gulf Keystone Petroleum International Ltd ("GKPI"), on behalf of the Shaikan contractors, and the Kurdistan Regional Government (KRG). Under the agreement, the KRG will purchase Shaikan crude oil at the monthly average Dated Brent oil price minus a total […]
The KRG Council of Ministers recently discussed a number of issues, including the unfortunate events that took place recently in some towns in the Kurdistan Region. The Council stressed that people do have the right to peaceful and civil demonstrations, but expressed concern about the acts of violence perpetrated by some individuals during the demonstrations. […]
By Kamal Chomani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Trying to jump-start discussions with Iraq's central government, the Kurdistan Regional Government (KRG) in Erbil recently announced it will respect the Iraqi Federal Court's ecision that the KRG independence referendum was unconstitutional. But Baghdad has amplified its demands for opening a dialogue, which […]
By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Kurdistan region of Iraq is fast descending into chaos, with protests continuing for the third day in some parts of Sulaimaniyah province and security forces using live ammunition […]
Genel Energy has announced the receipt of payments from the Kurdistan Regional Government (KRG) for oil sales during September 2017 from the Tawke and Taq Taq PSCs. DNO ASA, as operator of the Tawke PSC, has announced the receipt of $54.32 million from the KRG as payment towards September 2017 crude oil deliveries to the […]
The United Nations Assistance Mission for Iraq (UNAMI) is deeply concerned about the violence and the reported casualties during demonstrations in the Kurdistan Region of Iraq (KRI) in the last two days, and calls for restraint and calm on all sides. The people have the right to partake in peaceful demonstrations, and the authorities in […]
By John Lee. Germany has said that its continuing aid to Iraq depends on peaceful efforts to solve the conflict between Baghdad and Erbil. Reuters quotes German Foreign Minister Sigmar Gabriel (pictured) as saying on Monday: "Our support is for Iraq as a unified state ... We want to continue that, but the precondition is […]
A top Kurdistan Regional Government delegation, headed by Prime Minister Nechirvan Barzani held an extensive meeting with the Kurdistan Parliament Deputy Speaker Jaafar Ebrahim Eminky and heads of Parliamentary Committees of Natural Resources, Industry, Energy, Financial and Legal Affairs. The KRG delegation included Deputy Prime Minister Qubad Talabani and a number of senior officials. In […]
KRG Prime Minister Nechirvan Barzani inaugurated the new building of Kurdistan Institute of Public Administration (KIPA) on Tuesday. In a speech, Prime Minister Barzani stated, he hopes that KIPA “will continue to work diligently to provide the much needed services of building the capacities of Kurdistan Regional Government’s civil servants.” Below is the transcript of […]
Key Ministers and officials from the Kurdistan Region of Iraq (KR-I) alongside representatives of the private sector, civil society, labour unions, the international community, donors and development agencies convened at a high-level conference yesterday in Erbil on E-Governance and Public Service Centres. The Ministry of Interior of the KR-I organized the conference under the auspices […]
By John Lee. The Iraqi Ministry of Oil has denied reports that Russian Energy Minister Alexander Novak discussed Russian oil companies' operations in Iraqi Kurdistan with the Iraqi prime minister or oil minister during his trip to Iraq. Novak had been quoted as saying that Baghdad had no problems with Russian companies doing business with the […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Since the ill-fated Kurdish independence referendum, critics have been calling for the current government of the region to be replaced. But, as some critics say, nobody is serious about this […]
