The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News
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 Umud Shokri for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran-Iraq competition in regional maritime and overland transit corridors In recent years, Iraq has become one of the leading destinations for Chinese investments in the Middle East […]
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 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.
By John Lee. The Minister of Transport in Iraq, Razak Muhibis Al-Saadawi [Razzaq Muhibis Al-Saadawi] has held a meeting with Italian consulting company Progetti Europa & Global S.p.A. (PEG), along with representatives from Turkiye, to discuss the "Development Road project", also known as the "dry canal project". The project will link Iraq's Grand Faw port, […]
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 Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey shuts its airspace to Sulaimaniyah flights citing Kurdish militants The move is likely retaliation against ties between Kurdish militants and the Iraqi Kurdish Patriotic Union Party (PUK). Click […]
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 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 […]
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: Iraq, Turkey to boost economic ties, freeze political differences Iraqi Prime Minister Muhammad Shia' Al-Sudani has paid his first official visit to Turkey since taking office last October, holding important talks with […]
By John Lee. Following the suspension of oil exports from Iraq via pipeline to the Turkish port of Ceyhan, a statement from the Turkish Ministry of Energy claims that the court ordered Iraq to pay compensation to Turkey. This appears to contradict previous reports which said that Turkiye was ordered to pay around $1.5 billion […]
