By Padraig O'Hannelly. The Kurdistan Regional Government (KRG) has upped the ante in the continuing dispute with Baghdad over oil export revenues. In response to what it describes as "the Iraqi federal government ... not sharing revenues in accordance with the Iraqi Constitution", the KRG has threatened to take legal action against anyone who buys […]
The Kurdistan Regional Government (KRG) threatened on Wednesday to take legal action against buyers of Iraqi oil unless the autonomous region is paid its share of revenue from any sales. The full text of the statement from the KRG follows: Under Article 112 of the Iraqi Constitution, the Iraqi federal government is legally required to […]
The Head of the KRG Department of Foreign Relations (DFR), Minister Falah Mustafa, received the new British Consul General to Kurdistan Region, Mr Angus McKee. During the meeting which was attended by Ms Siham Jabali, Assistant Head of the DFR, Minister Mustafa congratulated Mr McKee on his new posting and expressed the DFR’s readiness to […]
By John Lee. Israeli prime minister Benjamin Netanyahu (pictured) has expressed his support for Kurdish statehood, taking a position that appears to clash with the US preference to keep Iraq united. In a speech to a Tel Aviv thinktank on Sunday, Netanyahu called for the establishment of an independent Kurdistan as part of a broader […]
Kurdistan Region President Masoud Barzani visited the Iraqi Kurdistan Parliament yesterday, requesting the Parliament to immediately undertake the task of creating an independent electoral commission for the Region, and to begin preparations for holding a referendum for the people of Kurdistan to decide their future. In his remarks to the Parliament, the President urged Members […]
By John Lee. Iraq’s Supreme Court has turned down a request from oil minister Abdul Kareem al-Luaibi [Elaibi] to issue a temporary injunction against the Kurdistan Regional Government to prevent direct oil exports from the region. According to a report from Rudaw, the unanimous ruling prompted the KRG to declare victory in its dispute with Baghdad […]
By John Lee. Bloomberg reports that Iraqi Kurdistan will keep Peshmerga troops in the nearby oil hub of Kirkuk until people there can vote on whether to join the Kurdish enclave. Safeen Dizayee (pictured), spokesman of the Kurdistan Regional Government (KRG), said: “As a people, we have the right to be independent, but the issue […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdish leader Massud Barzani said Friday there was no going back on autonomous Kurdish rule in oil city Kirkuk and other towns now defended against Sunni militants by Kurdish fighters.
By John Lee. The KRG's Minister for Natural Resources, Ashti Hawrami (pictured), has told Reuters that the Kurds have plans to increase their oil exports eight-fold by the end of 2015. He said Kurdish oil exports could double "within a month or so" to around 250,000 bpd and hit 400,000 bpd by the end of […]
By John Lee. Japan is to set up a temporary diplomatic office in Erbil, to ensure the safety of Japanese residents and visitors in the Kurdish region. Foreign Minister Fumio Kishida (pictured) said at a press conference: "Japanese residents in Baghdad and elsewhere in Iraq have temporarily been staying in Erbil where public order is […]
President Masoud Barzani welcomed United States Secretary of State John Kerry in Erbil on Wednesday. During the meeting the President and Secretary Kerry discussed the latest political and security developments in Iraq following the latest Islamic State of Iraq and al-Sham (ISIS) advances in Mosul and other areas in Iraq. Secretary John Kerry focused on […]
The Kurdistan Regional Government UK Representation has announced that British Expertise will host a workshop on doing business in Kurdistan on 8th July, in advance of its trade mission to Erbil and Dohuk in September. This special workshop includes case studies from companies that have undertaken or won projects in Kurdistan. Lyn Edwards, Senior Partner […]
