The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. An industry group representing international oil companies (IOCs) in Iraqi Kurdistan has denied claims by government officials that an agreement has been reached to resume oil exports through the Iraq-Turkey Pipeline (ITP). The Association of the Petroleum Industry of Kurdistan (APIKUR) said it has not seen any proposals from Baghdad or Erbil […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi federal court rulings undermine Kurdish autonomy, critics say Iraq's Federal Supreme Court (FSC) has stirred controversy over fresh rulings on public sector salaries and elections in the Kurdistan region. Observers say the […]
By John Lee. Gulf Keystone Petroleum (GKP) has said that local sales volumes have rebounded in recent weeks. It adds that sales for February are expected to be above expected monthly net capex and costs. Full statement from GKP: Update on Shaikan Field local sales & Notice of 2023 Full Year Results Gulf Keystone, a […]
By John Lee. The American Kurdish Committee, Inc. (AKC), and its President, Abdulmajeed Abdulmajeed, have been engaged to provide services to the Kurdistan Regional Government (KRG) in the United States. According to a statement made pursuant to the US's Foreign Agents Registration Act (FARA): "Mr. Abdulmajeed will engage in activities to raise awareness of the […]
By John Lee. Washington DC-based lobbying and legal services firm Squire Patton Boggs has reported that it, and partner Edward J. Newberry, will perform work on behalf of the Iraqi Embassy in the United States. In a statement made pursuant to the US's Foreign Agents Registration Act (FARA), the company said it may: " ... […]
In a recent move by the Kurdistan Regional Government's Ministry of Interior, citizens from 53 countries have been granted the ability to enter the Kurdistan Region without a pre-arranged visa. Under this new policy, eligible travellers simply need to present their passports at any border entry point, where they will be issued an electronic visa, […]
By John Lee. The Qatar Red Crescent Society (QRCS) has recently launched a new project to provide medical care for patients with cancer in Iraq. Full statement from QRCS: Within the context of backing the health sector in Iraq, Qatar Red Crescent Society (QRCS) has recently launched a new project to provide medical care for […]
By John Lee. The Association of the Petroleum Industry of Kurdistan (APIKUR) has urgently requested U.S. Congressional action to facilitate the reopening of the Iraq-Türkiye pipeline (ITP). In a statement, APIKUR says, "this vital conduit for the KRI's economic well-being has been closed due to political disagreements, which is directly affecting U.S. interests, and the […]
By John Lee. Italian connectivity services provider Sparkle has announced the expansion of its network footprint to Iraq with the opening of a new Point of Presence (PoP) in Erbil, in cooperation with Novel Point, an Iraqi international provider of connectivity and ICT solutions. According to a press release: "The PoP in Erbil leverages Novel […]
By John Lee. On 6 February 2024, the Kurdistan Regional Government's Prime Minister, Masrour Barzani, welcomed James Goldman, the newly appointed British Consul General to the Kurdistan Region. Prime Minister Barzani extended his congratulations to Consul General Goldman on his new role and emphasised the KRG's commitment to advancing bilateral ties between the two regions. […]
By John Lee. DNO has reported an average net production of 52,600 barrels of oil equivalent per day (boepd). Production in Iraqi Kurdistan contributed 34,900 boepd. Gross production from the DNO-operated Tawke license has rebounded to an average of 80,000 boepd by the end of the year, following the pipeline shutdown in March 2023. The […]
Gulf Keystone Petroleum (GKP) has this morning issued an operational and corporate update. The information contained in this announcement has not been audited and may be subject to further review. Jon Harris, Gulf Keystone's Chief Executive Officer, said: "2023 was a challenging year for GKP and our industry as Kurdistan crude exports were suspended in […]
