The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. Afren has announced that, following an improvement in the security situation in the border region of the Kurdistan Region of Iraq, it has begun the process of returning staffing levels to normal at the Barda Rash field with a view to resuming drilling and production activities as soon as possible with the […]
By John Lee. A report by Chris Dalby of Oilprice.com finds that the 11 oil fields that IS controls in Iraq and Syria have made it a largely independent financial machine. Its fields in Iraq alone are thought to produce between 25,000 and 40,000 barrels of oil per day, earning it an estimated $1.2 million [1.4 […]
Prime Minister Nechirvan Barzani yesterday met Turkey’s Prime Minister Ahmet Davutoglu in Istanbul on the sidelines of a World Economic Forum event. In the meeting both sides discussed the latest political and military developments in Iraq and the Kurdistan Region, the process of forming a new government in Iraq, the participation of the Kurdistan Region […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. French expats in Erbil, Iraq, say they try to lead a normal life, despite threats against French citizens by the Islamic State. At the French school here, the walls have been enhanced and armed […]
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. Dire Straits: Baghdad’s Financial Blockade Of Iraqi Kurdistan Has Desired Effect Since the beginning of the year the authorities in Baghdad and Iraqi Kurdistan have had a financial stand off. […]
By John Lee. The United States is reported to be planning to build three new military bases in Iraqi Kurdistan. According to BASnews, one of the bases would be in Erbil, another at Hareer military base north of Erbil, and a third Atrush, close to Dohuk. The Atrush base would be used for Apache helicopters. […]
Kurdistan Region President Masoud Barzani welcomed German defense minister Ursula von der Leyen in Erbil on Thursday. In a meeting with President Barzani and the military leadership of the KRG, the German defense minister stated that her country stands by the people of Kurdistan in the fight against ISIS terrorists and commended the role of […]
By John Lee. Reuters reports that Iraqi Kurdistan has shipped a total of nineteen tankers carrying 13.7 million barrels of crude oil since May, using its new pipeline to the Turkish port of Ceyhan. An official told the news agency that the flow of oil continues without any issues, and a 20th tanker will be […]
Prime Minister Nechirvan Barzani received Mr Frank Baker OBE on Tuesday, an old friend of the Kurds and the UK's new ambassador to Iraq. Mr Baker visited Kurdistan at the beginning of his appointment as ambassador. He expressed his pleasure to be back in Erbil and to see Prime Minister Barzani. He said that he […]
Prime Minister Nechirvan Barzani today received Mr Tan Banglin, envoy from China's Foreign Ministry appointed to be the first Chinese consul general in the Kurdistan Region. Mr Banglin said that he was very pleased to visit the Kurdistan Region, stating that he has arrived in the Region during this difficult time to express China’s solidarity […]
The Foreign Minister of Belarus, Mr Vladimir Makei, arrived in the Kurdistan Region yesterday to strengthen bilateral relations and sign a memorandum of understanding. Prime Minister Nechirvan Barzani, Deputy Prime Minister Qubad Talabani, and senior KRG officials received the Foreign Minister and his delegation. In the meeting, both sides exchanged views on bolstering relations and […]
By John Lee. The Kurdistan Region of Iraq has exported more than 14 million barrels of oil from its independent oil pipelines to Turkey in the last nine months, according to a report from BasNews. A spokesman for the KRG's Natural Resources Committee told the news agency that the exports have brought in over 1 […]
