Tag Archives | Kurdistan News

The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.

Italy to Upgrade Diplomatic Presence in Erbil

President Masoud Barzani welcomed Italy’s new ambassador to Iraq Mr. Massimo Marotti in his office in Salahaddin today to discuss bilateral relations and explore ways to further strengthen ties. The meeting focused on the ongoing political challenges facing Iraq, relations between Italy and the Kurdistan Region, and the crisis in Syria. Ambassador Marotti said Italy […]

Genel Sees Pipeline Exports from Kurdistan Next Year

Genel Energy has said it expects to export oil by pipeline from its fields in Iraqi Kurdistan by 2014. The company's CFO, Julian Metherell (pictured), said: "We can expect by 2014 to be accessing the export markets from our major assets, whether that is through Baghdad controlled infrastructure or through Kurdistan." Genel posted full year revenues […]

KRG President Barzani Meets US Ambassador

In a meeting with the US Ambassador to Iraq Robert Beecroft on Sunday, President Barzani said the KRG believes that only through meaningful dialogue can Iraq’s current crisis be ended and that the KRG is working to initiate consultation meetings with other Iraqi sides in Erbil. In the meeting, President Barzani and Ambassador Beecroft discussed […]

KRG President Approves 2013 Budget

By John Lee. The President of Kurdistan Region, Massoud Barzani (pictured), has approved the budget for 2013, officials from Ministry of Justice from KRG said. This follows the budget's approval last week by a majority of the Kurdistan parliament. (Sources: Kurdsat, AIN)

KRG Signs New Agreements with Gazprom

By John Lee. The Kurdistan Regional Government is reported to have signed new agreements with Gazprom Neft, the oil-producing subsidiary of Russian gas monopoly Gazprom. "We are satisfied with Gazprom Neft's work in the region. New agreements have been reached with this Russian company in recent days," KRG President Masoud Barzani (pictured) was quoted as […]

Exxon Begins Exploration in Kurdistan Region

By John Lee. Exxon Mobil has begun exploration for oil in Kurdistan Region, according to a report from PUKmedia. Safeen Dezae, Spokesman for the KRG, told the news agency that the company began its first stage of exploration with the scoping of locations; the second stage will involve exploratory drilling. Regarding the impact of the […]

Iraq Oil Payment Talks 'Hit Impasse'

By John Lee. Talks aimed at resolving the oil payments dispute between the Kurdistan Regional Government (KRG) and the Iraqi Federal Government are believed to have reached deadlock. Hopes of a resolution had been raised last week, but coalition legislator Ammar Tohme told Bloomberg that the political factions failed to agree on the amount of […]

British Films Come to Erbil

The British Consulate General in Kurdistan region launched the Second British Film Festival yesterday, in Erbil. There was a strong turnout, including the President's brother Sidad Barzani, the Erbil Governor, and several KRG Ministers and top officials, as well as senior business and civil society figures. Hugh Evans, British Consul-General in Erbil, and festival co-founder […]

Netherlands Opens Embassy Liaison Office in Erbil

Officials from the Dutch Ministry of Foreign Affairs and their mission in Baghdad came together in Erbil yesterday to officially open their embassy liaison office. The Secretary-General of the Dutch Ministry of Foreign Affairs, Mrs Renée Jones-Bos, was in the Kurdistan Region during the opening of the Erbil Embassy Liaison Office, which will be headed […]