The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
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 […]
By John Lee. KRG President Nechirvan Barzani met with Antonio Tajani, the Foreign Minister of Italy, in Rome this week. The meeting discussed strengthening of bilateral relations of Italy with Iraq and the Kurdistan Region, opportunities for Italian investments and jobs in Iraq and the Kurdistan Region, and expanding collective cooperation, especially in the fields […]
By Amberin Zaman, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq expert Bilal Wahab says Turkey wants guarantees from Baghdad before allowing Kurdish oil exports to resume. Click here to hear the full interview.
Statement from US National Security Advisor Jake Sullivan Welcoming Developments in Iraq's Energy Sector We welcome significant progress in Iraq this week with respect to energy deals that further strengthen Iraq's sovereignty, independence, and economic prosperity. First, the Government of Iraq and the Kurdistan Regional Government reached a historic agreement on the export of oil […]
By Bilal Wahab 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. The Rise and Fall of Kurdish Power in Iraq Despite thirty years of landmark achievements, the KRG's endless quest for economic independence has only entrenched […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq Market Report: The Budget, and the Stock Market's Next Move The market, as measured by the Rabee Securities RSISX USD Index, was up 2.3% for the […]
By John Lee. Turkiye's Ministry of Foreign Affairs has closed Turkish airspace to flights taking off or landing at Sulaymaniyah International Airport (pictured). In a statement, it says the move is a result of PKK activity in the area. The full text of the statement follows: Statement of the Spokesperson of the Ministry of Foreign […]
By John Lee. Baghdad and Erbil have agreed a deal to resume oil exports from northern Iraq. Exports of crude oil from Iraqi Kurdistan and Kirkuk had been suspended since last week after a ruling from the Paris-based International Court of Arbitration that Turkiye can not allow exports from the autonomous region by pipeline to […]
By Jay Loschky for Gallup. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Life in Kurdistan: A Tale of Two Wars? For the roughly 5 million people living in Iraqi Kurdistan, the 2003 U.S.-led invasion played out considerably differently than it did in Iraq's […]
Gulf Keystone Petroleum (GKP) is providing an update on its announcement dated 27 March 2023 regarding the shut-in of the Iraq-Turkey pipeline on 25 March 2023 and suspension of exports. GKP announces that it expects to shut-in production processed at Production Facility 1 ("PF-1") today [Friday], while production flowing into Production Facility 2 ("PF-2") will […]
By Ragip Soylu for Middle East Eye. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. 'Hollow victory': Iraq is not really a winner in the Turkey oil arbitration case Ankara is likely to pay only a few hundred million dollars to Iraq, which […]
By John Lee. Genel Energy has just published details of its payments to governments for the year 2022: Introduction and basis for preparation This report sets out details of the payments made to governments by Genel Energy plc and its subsidiary undertakings ('Genel') for the year ended 31 December 2022 as required under the Disclosure […]
