The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
DNO ASA, the Norwegian oil and gas operator, today announced that gross production from its operated Tawke license in the Kurdistan region of Iraq continues to climb, with the December to date average approaching 90,000 barrels of oil per day (bopd). That lifts the projected fourth quarter 2023 figure to 65,000 bopd, up from 26,000 […]
By John Lee. Shares in Gulf Keystone Petroleum (GKP) were trading down around 5 percent on Wednesday afternoon following an update from the company. It said that local market demand remains difficult to predict, and while discussions are ongoing, there is still no official timeline for the reopening of the Iraq-Turkey Pipeline (ITP). Full statement […]
By John Lee. WesternZagros Resources has joined the Association of the Petroleum Industry of Kurdistan (APIKUR), becoming its seventh member. According to a statement from APIKUR: WesternZagros is a privately held American owned company with offices in Calgary, Canada, and in Erbil and Sulaymaniyah in the Kurdistan Region of Iraq. It has invested over $1 […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG official warns gold smuggled from Sulaimani to Iran The president of the Kurdistan Region's importers and exporters union told Rudaw on Wednesday that gold is being smuggled to Iran from Sulaimani province, revealing […]
By John Lee. The Kurdistan Region is preparing for a bustling winter tourism season, according to a statement from the Kurdistan Regional Government (KRG). Sirwan Tofiq, the marketing head at the KRG Board of Tourism, briefed the Department of Media and Information on the efforts to attract winter tourists to destinations like Gara Mountain, Penjwen, […]
By John Lee. International oil companies operating in Iraqi Kurdistan have been excluded from ongoing discussions regarding the production and export of oil from the Region, according to the trade body representing them. A statement from the Association of the Petroleum Industry of Kurdistan (APIKUR) on Tuesday said: "APIKUR member companies -- which represent the […]
Duhok Governor Ali Tatar has announced a new project plan for the Duhok International Airport, following Prime Minister Masrour Barzani's directive. The Ministry of Transport and Communications will undertake the project in two stages. With the mapping and review phase complete, implementation is now set to begin. Dylan Rashad, spokesperson for the Ministry, identified the […]
By John Lee. KRG Prime Minister Masrour Barzani has inaugurated the Van Steel Iron Factory in Erbil. According to a statement from the KRG, the factory, operated by Galiawa Group, is now the largest iron and steel facility in the Kurdistan Region and Iraq. In his speech, Prime Minister Barzani thanked Galiawa Group for their […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Korek Telecom external telecommunications operational, says company rep The Kurdistan Region's premier telecommunications company, Korek Telecom, has announced that its international and cross-company communications are now operational and that it has resolved its issues […]
By Renad Mansour, for World Politics Review. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. In Iraq, the Kurdistan Region's Political Fortunes Are Fading Last month, the Iraqi army clashed with Kurdish peshmerga forces in the district of Makhmour, leading to multiple injuries […]
By John Lee. On Sunday, November 19, 2023, the Kurdistan Regional Government's Prime Minister, Masrour Barzani, officially inaugurated the Distar Factory, a cutting-edge wheat flour mill, located in Domiz, Duhok Governorate. During his speech, Prime Minister Barzani emphasised the KRG's dedication to enhancing the agricultural sector and securing food security as top priorities. He outlined […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Delayed polls could undermine Kurdish autonomy in Iraq After extensive delays, Iraqi Kurdistan is slated to hold regional parliamentary elections on Feb. 25 next year. The vote, already postponed twice, threatens […]
