Tag Archives | KRG

Article 140: The Elephant at the Negotiating Table

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. Article 140: The Elephant At The Negotiating Table As Kurds and Iraqis Reach Oil Deal Over the past week or so, there have been many congratulatory articles written about the […]

Baghdad-Erbil Deal Silent on KRG's Surplus Oil

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. The new oil agreement between Iraq’s federal government and the autonomous Kurdish government in the north appears to have left some room for confusion as to what the Kurds should do […]

Kurdistan "a Refuge from Iraq’s Violence"

The Kurdistan Regional Government (KRG) and the United Nations (UN) continue to make a concerted effort to track and monitor displacement throughout the Kurdistan Region of Iraq (KR-I). According to the Kurdish Ministry of Planning and the International Organization for Migration (IOM), 47 per cent of all Iraq’s over 2 million displaced are now in […]

KRG Appoints New Representative to the US

The Kurdistan Regional Government Council of Ministers has appointed the current KRG Representative to the United Kingdom, Ms. Bayan Sami Abdul Rahman, as the new KRG Representative to the United States of America. Commenting on this decision, the Head of the KRG Department of Foreign Relations, Minister Falah Mustafa said: “Based on the KRG’s policy […]

Oil Deal a Sign of Hope between Baghdad, Erbil

By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As soon as the oil agreement signed Dec. 2 between the Iraqi government and the Kurdistan Regional Government (KRG) was announced, optimism emerged in Iraqi and international circles, which considered the agreement to be the […]

KRI "has Preserved its Economic Position"

Dara Jalil Khayat, Chairman of the Kurdistan Federation of Chambers of Commerce and Industry said, “Despite the recent challenges, Kurdistan Region has preserved its economic and trade position. The Kurdistan Region has become an important centre for trade in Iraq and the overall region thanks to its security and stability.” Dara Khayat told KRG.org that […]

KRG to Export Natural Gas Soon

By John Lee. The Kurdistan Regional Government (KRG) is reported to be planning to export natural gas to in the near future. The head of the KRG's Industry and Natural Resources Committee, Sherko Jawdat, told BasNews: “This step is still in the beginning, but the process has not gone into the implementation stage yet, however […]

Video: Peshmerga Accused of War Crime

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Peshmerga forces are being accused of a possible war crime in Iraq. A video has emerged showing Peshmerga soldier shooting dead a captured fighter from the Istamic State of Iraq and the Levant […]

Video: Govt Reaches Oil Deal with Kurds

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's government has reached a temporary agreement with authorities in the Kurdish region to end a dispute over oil exports and budget payments to the semi-autonomous region. Al Jazeera's Jane Arraf reports from […]

Baghdad, Erbil Reach Deal on Oil Exports

By John Lee. Baghdad and Erbil have reached an agreement resolving the long-running dispute over oil exports and budget payments. Finance Minister Hoshyar Zebari said that 550,000 barrels per day (bpd) of oil would be sent to the Iraqi oil ministry. In return, the Kurds will receive their 17% share of the national budget. The […]

GKP Receives Payment for Shaikan Crude

By John Lee. Gulf Keystone Petroleum (GKP) has announced that, further to the recent statement by the Ministry of Natural Resources (MNR) of the Kurdistan Regional Government (KRG) regarding payment to producers for crude oil exports, an initial payment of USD 15 million (17.5 billion Iraqi dinars) gross has been made to the company. Gulf […]

Bulgaria to Open Consulate in Erbil

The Head of Trade and Economic Section of Republic of Bulgaria in Erbil, Mr. Dimitar Ougrinov, today met with the KRG Head of Department of Foreign Relations, Minister Falah Mustafa to discuss bilateral ties and the latest developments. Mr. Ougrinov announced that Bulgaria places great importance on enhancing relations with the Kurdistan Region and stated […]