The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By Julianne Geiger 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 And Kurdistan Close To Deal On Oil Exports Baghdad and Erbil are set to reach an agreement over crude oil exports from Iraq's semi-autonomous Kurdistan region within the next […]
By John Lee. Iraq's Council of Ministers has approved the renewal of two contracts between the Ministry of Electricity's General Company for the Transmission of Electricity for the Northern Region and energy suppiers: Qaiwan's contract to supply 400-800 megawatts of energy to be extended for one year; Kar Group's contract for the supply of 150-385 […]
In coordination with the Iraqi Ministry of Water Resources, the Kurdistan Region will construct three new strategic dams to capture one billion cubic meters of water. Within the framework of the Kurdistan Regional Government's strategic plan to fight drought, three dams named "Dalga", "Mandawa", and "Bakrman" will be constructed in the Erbil, Duhok and Raparin […]
Kurdistan to host world's largest football cup for unaffiliated regions The Kurdistan Region will host the 2024 CONIFA World Football Cup with the participation of teams from 16 regions from around the world. In an interview with the Department of Media and Information, Tariq Abdulrahman, President of the Kurdistan Football Association said that "matches will […]
By John Lee. Gulf Keystone Petroleum (GKP) has just published details of its payments to governments for the year 2022: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ("Gulf Keystone") for the year ended 31 December 2022 as required under Disclosure and […]
Water levels in Kurdistan's reservoirs increase following heavy rains Reservoirs across the Kurdistan Region saw a huge increase in water levels following recent heavy rainfall. Dewana Dam in Garmian was completed in 2022 and filled to capacity in 2023, overflowing during the last month. The dam's director told the KRG Department of Media and Information […]
By John Lee. Shares in Gulf Keystone Petroleum (GKP) were trading down more than seven percent on Thursday morning, after it issued an update on operational and corporate activity and 2023 guidance following the shut-in of the Iraq-Turkey pipeline on 25 March 2023. Jon Harris, Gulf Keystone's Chief Executive Officer, said: "Gulf Keystone was on […]
By Zaid Al-Ali, for 1001 Iraqi Thoughts. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. 20 Years of Failed Oil and Gas Policies Lead to New Opportunities in Iraq Back in 2003, the Kurdistan Regional Government (KRG) adopted an independent oil policy that was […]
By John Lee. DNO, which operates the Tawke licence in Iraqi Kurdistan, has said today (Tuesday) that it now projects full-year 2023 production for Tawke to be below the previously communicated projection of 100,000 barrels of oil per day, as a result of the previously-advised shutdown in production. Full statement from DNO: DNO ASA, the […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Oil flow from Iraqi Kurdistan to Turkey remains stopped, threatening sector Oil flows to Turkey remain frozen following the agreement between Iraq and the Kurdistan Regional Government (KRG). The […]
By John Lee. Heavy rainfall in the Kurdistan Region has caused an increase in water levels in various reservoirs, according to a statement from the Kurdistan Regional Government (KRG). The Dukan and Darbandikhan reservoirs alone collected more than 4 billion cubic meters of water. Dewana Dam in Garmian and Tourajar Dam in Garmian were completed […]
By Simon Henderson, Bilal Wahab, Henry Rome, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Israel May Lose Oil Access in Baghdad-Kurdish Deal Years of quiet and fairly lucrative oil trading between the Kurds and Israel […]
