The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Unwilling To Resume Crude Exports From Kurdistan To Turkey It is easy to lose sight of the wood for the trees sometimes in the complex world of global oil. […]
By John Lee. Share in Gulf Keystone Petroleum (GKP) were trading up nearly 7 percent this morning (Wednesday), follow a fall that saw the shares down 25 percent at one point yesterday. In an operational and corporate update, the company said it has, "commenced local sales in July and partially restarted Shaikan Field production, increasing […]
By John Lee. UAE-based Dana Gas said on Wednesday that its Pearl Petroleum subsidiary recently received $101 million payments from the Kurdistan Regional Government (KRG). However, the shares were trading down approximately 1 percent, as overall revenues and profits saw a decline. Full statement from Dana Gas: Highlights - H1 2023 KRI production increased by […]
From KRG: More then 5 million square metres of minefields are cleared in the Kurdistan Region The Kurdistan Regional Government's (KRG) ninth cabinet remains committed to ensuring the safety of its citizens. One significant expression of this commitment is the work of the Iraqi Kurdistan Mine Action Agency (IKMAA) which cleared a staggering 5,038,629 square […]
By John Lee. As part of the broader digital transformation plan, the Kurdistan Regional Government (KRG) has launched its Citizen Complaint System. This system aims to enhance citizen engagement, government responsiveness, and overall efficiency in public service delivery. It aims to reduce the use of paper and routine procedures while valuing the time and rights […]
By John Lee. A British court has supported a decision by the trustees of a pension scheme to petition to have the scheme's sponsoring employers, Biwater, wound up. The decision could lead to the potential liquidation of Biwater, which has projects in Basra, and in Iraqi Kurdistan. As at 19th May 2023, Biwater owed the […]
By John Lee. The Kurdistan Region of Iraq has started to export potatoes to the United Arab Emirates. According to a statement from the KRG, more orders are expected. Full statement from KRG: The agricultural sector in the Kurdistan Region is experiencing remarkable growth, particularly in the area of potato cultivation. This progress is evidenced […]
By John Lee. The Kurdistan Regional Government (KRG) has said that the Gomaspan Dam in Erbil Governorate will be the third largest in the Kurdistan Region when it's completed in mid-2024. Key statistics: Location: Erbil Governorate, Kurdistan Region Size: Third largest dam in Kurdistan Region Reservoir Storage: Expected 115 million cubic metres Water Usage: Irrigation: […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG, UNDP, USAID discuss reforming Kurdistan Region tourism The Kurdistan Region Government (KRG) is discussing a reform program for the tourism sector along with a United Nations development agency and a United States aid […]
By John Lee. The Association of the Petroleum Industry of Kurdistan (APIKUR) has said that spending on the oil industry in Iraqi Kurdistan has been cut by $400 million as a result of the closure of the Iraq-Turkey pipeline (ITP). Full statement from APIKUR: The Association of the Petroleum Industry of Kurdistan (APIKUR) notes that […]
By John Lee. Erbil-based freight forwarding and customs clearance company Almas Group Logistics has joined the Project Cargo Network (PCN). Established in 2009, the company has three offices in Erbil, Baghdad and Sulaymaniyah. PCN provides access to a global network of agents who can handle shipments; it comprises more than 350 companies in 125 countries. […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG hands over 50-60K barrels of oil to Baghdad since mid-June, says official The Kurdistan Region of Iraq (KRI) has handed over about 50,000-60,000 barrels of oil per day to Baghdad since mid-June, as […]
