By John Lee. The Kurdistan Regional Government (KRG) has launched the Kawlokan Corniche Project, a key component of the Soran District Tourism Master Plan, aiming to establish the area as a major visitor destination. The first phase will develop five ponds along a 4-kilometre river stretch, with landscaped green spaces, cafés, and restaurants. The project's […]
By John Lee. The Kurdistan Regional Government (KRG) has completed the [Shaikan] Sheikhan-Lalish road project in Duhok Governorate, which will soon be opened to the public. The road spans 9 kilometres in length and 25 metres in width, with a total investment exceeding 26 billion Iraqi dinars [≈ $17.8 million]. Constructed to modern engineering standards […]
By John Lee. Iraq's State Oil Marketing Organisation (SOMO) reportedly announced on Tuesday that it has concluded all contracts and obligations with buyers of oil produced in the Kurdistan Region. The company emphasised that resuming exports from Kurdistan would restore Iraq's role as a key supplier to the European market. SOMO Director General Ali Nizar al-Shatri […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region oil exports to resume 'soon': SOMO chief The head of Iraq's State Oil Marketing Organization (SOMO) said on Monday that they are "working to implement the agreed-upon terms" to resume the Kurdistan […]
By John Lee. The United Nations Assistance Mission to Iraq (UNAMI) has said it is concerned by the decision of the Bnaslawa Misdemeanour Court in Erbil on 19th August 2025 to sentence journalist Mr. Shirwan Shirwani to four and a half years imprisonment on a charge that he denies. It said in a statement: "UNAMI's […]
By Mohammed Hussein, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region Electricity Reform and the "Runaki" Project The Kurdistan Region of Iraq (KRI) has struggled […]
By John Lee. Turkey's Minister of Energy and Natural Resources, Alparslan Bayraktar, has said that Ankara has proposed a new draft agreement to Iraq regarding the Iraq-Turkiye Oil Pipeline (ITP). In an interview with Sky News Arabia, Bayraktar noted that while the pipeline has a capacity of 1.5 million barrels per day, it has never […]
By John Lee. The Kurdistan Regional Government (KRG) Ministry of Natural Resources and the Iraqi Ministry of Oil have agreed on a new mechanism for oil exports from the Kurdistan Region of Iraq. The deal, finalised after joint meetings beginning on 17 July 2025 and site visits to all regional oil fields, was signed on […]
By John Lee. Gulf Keystone Petroleum (GKP) has said that production operations have recently restarted at the Shaikan Field in Iraqi Kurdistan, following a security assessment and consultation with the Kurdistan Regional Government (KRG). It said a further update on production and sales will be provided as part of the 2025 Half Year Results, which […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Turkey Ends ITPA- Submission to Blackmail or Preservation of Iraqi Sovereign Rights and National Interests The Turkish government officially ended, on 21 July 2025, the Iraqi Turkish Oil Pipeline Agreement-ITOPA, effective on […]
By John Lee. The Kurdistan Regional Government (KRG) has announced a series of measures under its Ninth Cabinet to strengthen food security and agricultural resilience. Infrastructure Three modern grain silos completed Additional grain storage facilities under construction Total wheat storage capacity (when operational): 200,000 tonnes Public Investment in Agriculture Increase in budget allocation: from 1.8% […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, has reportedly announced that the country will resume crude oil exports through the Ceyhan pipeline to Turkiye either today (Wednesday) or tomorrow. Speaking during the inauguration of several oil station development and rehabilitation projects in Kirkuk, the Minister confirmed an initial export volume of 80,000 […]
