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 […]
By John Lee. Turkish Energy Minister Taner Yıldız (pictured) told journalists on Monday that a third shipment of oil from Iraq's Kurdistan Regional Government (KRG) had been transported via Turkey's Ceyhan pipeline and that a fourth was being prepared for shipment. According to a report from Cihan, the transactions for the oil sales are being conducted […]
The KRG Oil and Gas Council held a meeting last week to discuss fuel shortages. The meeting culminated with the announcement of four important steps aimed at combating fuel shortage in the Kurdistan Region. The meeting was headed by KRG Prime Minister Nechirvan Barzani and Deputy Prime Minister Qubad Talabani. In the meeting, also attended […]
The eighth cabinet of the Kurdistan Regional Government was sworn into office on 18 June 2014 at the Kurdistan Parliament. The cabinet consists of the following ministries and departments: Prime Minister: Nechirvan Idris Barzani Deputy Prime Minister: Qubad Jalal Talabani Ministry of Agriculture and Water Resources: Abdulstar Majeed Ministry of Culture and Youth: Khalid Doski […]
The eighth cabinet of the Kurdistan Regional Government was announced at a special session of the Kurdistan Parliament held on 18 June 2014. Prime Minister Nechirvan Barzani, Deputy Prime Minister Qubad Talabani, and all cabinet ministers were sworn into office. In a speech outlining the programme of the eighth cabinet, Prime Minister Barzani stated that […]
By Wladimir van Wilgenburg for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdish peshmerga forces have seized most of the borders that divide the landlocked Kurds between Iraq and Syria, with increasing public support from both sides of the border. ]Kurds in several cities in […]
By Ruth Lux, Managing Director of political risk consultancy Strategic Analysis. The security situation in Iraq has significantly declined over the last week. Mosul and Tikrit fell to the Islamic State of Iraq and the Levant (ISIS), an al-Qaeda off-shoot, and Tal Afar, in the Nineveh province, was seized on Monday. Additionally, Baquba, only 37 […]
By John Lee. Reuters reports that Iraqi Kurdistan is ramping up independent oil exports, with a third tanker of crude scheduled to leave the Turkish port of Ceyhan on 22nd June. The supply of oil through the Kurdistan Regional Government's new pipeline to Turkey has continued uninterrupted, despite the escalating violence in northern Iraq. Speaking […]
