Minister Falah Mustafa, Head of the KRG Foreign Relations received on Sunday the Kuwaiti Consul General and Vice Chairman of the Board of Directors of the Kuwait Red Crescent Society. The Consul General of Kuwait Dr Omar Ahmed al-Kandari stated that on the 11th of June 2015, the Emir and the Government of Kuwait agreed […]
By John Lee. The agreement between the Kurdistan Regional Government (KRG) and the Iraqi central government agreement on budget and oil exports looks set to collapse. Kurdish MP Ardalan Nouraddin told BasNews that a new agreement will be signed, adding, “the details are yet to be revealed.” Under the December agreement, the KRG was to […]
By John Lee. Oil firms expecting to load Kirkuk crude at the Turkish port of Ceyhan have had to cancel tankers, as the Kurdistan Regional Government ramps up independent oil sales at the expense of sales through the State Oil Marketing Organization (SOMO). According to a report from Reuters, tanker cancellations included Eni’s Seanostrum, Socar’s […]
By John Lee. The Kurdistan Regional Government (KRG) has reacted angrily to a statement from Sharjah-based Dana Gas. Shares in the company jumped 13.7 percent on the Abu-Dhabi stock exchange on Sunday after the company won a ruling in the London Court of International Arbitration (LCIA) in its long-running dispute with the KRG in Iraq […]
By Amberin Zaman for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Masrour Barzani: Kurdish independence would help defeat IS The war against the Islamic State (IS) is continuing full force in Iraq and Syria. And Kurds from both countries remain the most effective […]
By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Dildar Namiq, 24, is eagerly running up and down a flight of stairs in a two-story office, trying to complete paperwork to join Iraqi Kurdistan's armed forces, known as the […]
By John Lee. The Kurdistan Region of Iraq has slashed its transfers of oil to the State Oil Marketing Organization (SOMO). According to the monthly report issued by the KRG's Ministry of Natural Resources, the region supplied SOMO in Ceyhan with 149,778 barrels per day (bpd) in June, a drop of almost two thirds from […]
The Kurdistan Regional Government has published its Monthly Export Report for June 2015. The Kurdistan Regional Government (KRG) exported 17,130,639 barrels of crude oil (an average of 571,021 barrels per day (bpd)) in the month of June through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by […]
By Alaa Latif. 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. Fighting About Religion and Power: Will Iraqi Kurdistan Ever Get It's New Constitution? Iraqi Kurdistan is now working on re-drafting its Constitution. It would define the region […]
Kurdistan Region Council of Ministers on Tuesday held its ordinary meeting, chaired by Prime Minister, Nechirvan Barzani and attended by Deputy Prime Minister, Qubad Talabani. Prime Minister Barzani shed light on the latest developments in the relations between Kurdistan Regional Government, KRG, and the Iraqi Federal Government, highlighting the differences between the two sides over […]
Kurdistan Region Prime Minister, Nechirvan Barzani, yesterday received a United States congressional delegation, led by Congressman Rob Wittman. In the meeting, which was also attended by Kurdistan Region Deputy Prime Minister, Qubad Talabani, Mr. Wittman commended the Kurdistan Region Peshmerga Forces for having been able to repulse the attacks of the Islamic State terrorist organisation, […]
By Simon Kent. Belgium has announced plans to open a consulate in Erbil, capital of the semi autonomous Kurdish region in Iraq. In a sign of deepening ties between the KRG and Belgium, the central EU nation also announced they would provide hospital treatment for injured Peshmerga soldiers. The Peshmerga are the armed forces of […]
