The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News
By John Lee. Norwegian oil and gas operator DNO has announced the completion of three new production wells at the Tawke field in the Kurdistan region of Iraq, as part of a stepped up drilling program kicked off in July 2016. The Tawke-31 well, targeting the main Cretaceous reservoir will be brought on production following […]
By Fehim Taştekin for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Turkey has been officially uninvited — in no uncertain terms — to the liberation of Mosul, Iraq. When rumors began piling up recently that Turkey — after launching Operation Euphrates Shield in […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Can Iraq reach dam agreement with Turkey to protect marshes? Severe drought is affecting agricultural lands across Iraq because of the low levels of river water. Iraqi officials […]
By Sara al-Qaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A private company has reportedly taken over Gulenist schools in Iraqi Kurdistan. According to the Dwarozh news website, Kurdistan Regional Government (KRG) Education Minister Bishwan Sadeq said a private Kurdish company, the Khoshnaw Group, bought the […]
By John Lee. Iraqi Airways has announced that it has added two new routes to Iran and Turkey. A route between Najaf to Isfahan will be operated by Boeing 737 and CRJ900, while one between Sulaymaniyah to Istanbul Ataturk will be operated by a Boeing 737. Each route will be served twice a week. (Source: […]
By John Lee. Iraq's Ministry of Oil has denied that there is any new agreement between Baghdad and Erbil regarding the export of crude oil. In a statement issued on Monday, the ministry confirms that "the last agreement is still active ... [and it] includes the budgets of the last two years in addition to […]
By John Lee. TThe Khoshnaw Group, a Kurdish private company, has reportedly bought the Ishik educational institutions in Iraqi Kurdistan. BasNews says that the chain of fee-paying schools and universities were affiliated with the Gulenist Movement in Turkey, and are attended by nearly 40,000 students. No further details of the deal and the future administration […]
A pipeline pumping around 90,000 bpd from a field near Kirkuk to the Turkish port of Ceyhan (pictured) via Kurdistan reportedly stopped operations on Monday morning due to a "technical defect". North Oil Company (NOC) sources told Reuters on Wednesday that maintenance teams are working to repair the pipeline, which is expected to resume operations within […]
By John Lee. Trading sources have told Reuters that Baghdad's State Oil Marketing Organization (SOMO) and Kurdistan have resumed joint exports of crude oil from the giant Kirkuk oil field. The field normally delivers 150,000 barrels per day via the Turkish port of Ceyhan (pictured). Exports have been suspended since March in a dispute over […]
By John Lee. The Turkish company Karadeniz Holding has reportedly stopped supplying electricity from its three generating ships loctated in the ports of Khor al-Zubair, Umm Qasr and Abu Flous. Local media report that the move is due to the non-payment of debts to the company by the Iraqi Ministry of Electricity. The company had […]
Turkish Airlines has commenced direct between Erbil and Gaziantep Airport. Starting today (Friday), roundtrip flights will be operated 2 times per week in both directions. (Source: Turkish Airlines)
Kurdistan Regional Government Prime Minister Nechirvan Barzani released a statement on Saturday regarding the failed military coup in Turkey. Prime Minister Barzani congratulated the people, President and Prime Minister of Turkey after the will of people defeated the coup d'etat planners. Below is Prime Minister Barzani's statement: "We are pleased to see the triumph of […]
