By John Lee. Rudaw reports that the KRG’s Minister of Natural Resources, Ashti Hawrami (pictured), has dismissed as “inaccurate and misleading” claims by Dana Gas that the KRG owes the company millions of dollars in overdue payments. In a letter sent to Dana Gas managing director, Majid Hamid Jafar, he said: “The statements made in […]
The Independent High Electoral Commission of Iraq (IHEC) has announced the complete results of parliamentary elections in Kurdistan Region yesterday during a press conference in Erbil. The Kurdistan Region held its fourth round of parliamentary elections on 21 September 2013. It included 1,129 candidates - 336 of them women, and over 2,800 international observers from […]
A pipeline to export oil from the Kurdistan Region will be operational within a few months, Ashti Hawrami (pictured), the Kurdistan Regional Government Minister of Natural Resources, told a meeting at the UK's Conservative Party conference yesterday. 'The new oil export pipeline from the Kurdistan Region is almost complete and is expected to be operational […]
By John Lee. The American University of Iraq, Sulaimani (AUIS) has announced a donation from the Kurdistan Regional Government (KRG) that supports AUIS' mission to offer high-quality education and empower the next generation. This donation will fund the 2013 KRG Academic Excellence Scholarship, a program that will award full merit scholarships to high-achievers. Students who […]
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. The Iraqi election commission decided to postpone declaring the election results in Iraqi Kurdistan because fraud accusations were made by the oppositionist Movement for Change against its adversaries — the Patriotic […]
By John Lee. A series of bombings has rocked Erbil, the capital of Iraqi Kurdistan, killing six members of the security services and wounding a further 62 people, including 42 security and police officers. A car bomber reportedly rammed a checkpoint leading to the interior ministry and a number of security agencies; as emergency services […]
By John Lee. Iraqi Deputy Prime Minister for Energy Hussain al-Shahristani (pictured) has asked the Kurdistan Regional Government (KRG) to connect its new oil pipeline with Baghdad's Kirkuk-Ceyhan pipeline in a way that allows Baghdad to measure oil flows, according to Reuters. The KRG is expected to complete the 300,000-bpd pipeline in the coming weeks, […]
The Deputy Head of Mission of the Spanish Embassy in Iraq, Mr. Ramon Molina Llado, met Minister Falah Mustafa yesterday to seek ways of further developing the existing relationship between Spain and the Kurdistan Region. During their meeting, Mr Llado underlined the importance that his government places on its ties with Kurdistan and expressed hope […]
By John Lee. Genel Energy and DNO International have signed a Gas Sales and Purchase Agreement with the Kurdistan Regional Government to supply gas from the Summail field in the Dohuk licence in the Kurdistan Region of Iraq. The gas will partially displace diesel currently used to generate electricity in a 500 MW power plant […]
The United States Kurdistan Business Council (USKBC) this week heard about the latest political and economic developments in the Kurdistan Region of Iraq from a Kurdistan Regional Government (KRG) ministerial-level delegation. Minister Falah Mustafa Bakir, Head of the KRG Department of Foreign Relations, and Bayan Sami Abdul Rahman, the KRG’s High Representative to the United […]
At a meeting in Erbil today, the oil and gas companies operating in the Kurdistan Region and leading figures from the oil services sector pledged to provide emergency relief to the large number of displaced people who have flooded into the Region in recent weeks. Dr Ashti Hawrami, the Kurdistan Regional Government’s (KRG) Minister of […]
By John Lee. Oil minister Abdul Kareem Luaibi [Elaibi] (pictured) told Reuters on Wednesday that Baghdad signed a deal with BP "about 10 days ago" to revive the northern Kirkuk oilfield. The agreement allows BP to negotiate access to significant reserves in the north in return for helping Baghdad arrest a huge decline in output […]
