By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. President Nechirvan Barzani of the Kurdistan Regional Government (KRG) left Erbil for the first time since taking office and headed to the Iraqi capital on June 20 to discuss several outstanding […]
The President of the Kurdistan Region, Nechirvan Barzani, has tasked Masrour Barzani, as Prime Minister of the Kurdistan Regional Government, to form the ninth ministerial cabinet, in the presence of the Speaker of the Kurdistan Parliament Ms. Vala Farid and the Head of the Judicial Council of the Kurdistan Region Judge Bangin Qasim. It was […]
By Al Monitor staff. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. How Iraq’s Kurds are failing to come together over their new president Nechirvan Barzani, the prime minister of Iraq’s Kurdistan Regional Government (KRG), was elected president by the semi-autonomous region’s parliament […]
By John Lee. Kurdistan's regional parliament has reportedly elected Nechirvan Barzani (pictured) as president of the semi-autonomous Kurdistan Region of Iraq. The leader of the Kurdistan Democratic Party (KDP) had been serving as prime minister of the Kurdistan Regional Government (KRG). The vote was boycotted by the Patriotic Union of Kurdistan (PUK) -- the region’s […]
By Al Monitor staff. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Intel: How the Barzanis are looking to consolidate power in Iraqi Kurdistan Iraqi Kurdistan’s dominant clan announced today that it was nominating Prime Minister Nechirvan Barzani to succeed his uncle Massoud […]
By Simon Kent. Heightening speculation that a new, comprehensive deal may be reached between the Kurdish Regional Government (KRG) and Baghdad over oil exports and revenues, news has emerged that the federal North Oil Company (NOC) is allowing exports of Kirkuk crude via the Kurdish pipeline through Turkey. This could add up to 150,000 bpd […]
By Simon Kent. Turkish forces at the centre of a row that has ignited passions over Iraqi sovereignty, have moved from their base in the Iraqi Kurdish area of Bashika. However, the soldiers are apparently not being withdrawn from Iraqi territory but are being re-located, according to a statement from the Turkish Ministry of Defence. […]
By Simon Kent. Sources at Ceyhan have told Reuters that there is insufficient oil in the Iraqi State Oil Marketing Organization (SOMO) tanks at the port to fill planned cargoes. Both BP and Spain's Cepsa have cancelled shipments, and no oil has gone to SOMO storage for the past ten days. According to sources, this […]
Highlights from December’s London Conference. By Robert Tollast. According to current plans, the Kurdish region of Iraq will be able to export 1 million barrels of oil in the not too distant future--by some accounts by the end of 2015. By 2020 as much as 10 billion cubic metres of gas will be exported from […]
By John Lee. Reuters has reported an unnamed Iraqi government source describing what is supposedly the real reason for the delay in exporting 100,000 bpd from the Kurdish Regional Government to Turkey. As part of an interim deal , this oil was intended to be exported through the Iraqi state pipeline network. The oil represents a […]
By John Lee. On 20th March, 2014, Prime Minister Nechirvan Barzani announced a KRG goodwill initiative to make a contribution to Iraq oil export to give the ongoing negotiations with Baghdad the maximum chance of success. The Prime Minister stated that the contribution to oil export from the KRG would be 100,000 barrels per day, […]
By John Lee. Turkish Energy Minister Taner Yildiz (pictured) has remarked at a press conference that the country is ready to export oil from storage tanks at Ceyhan, once they have reached their capacity of 2.5 million barrels. Baghdad is currently opposed to such a move, and minister Yildiz has expressed a desire for the […]
