The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News
By Patrick Schmidt. With tensions rising once again between the Turkish central government and the Kurdish Workers’ Party (PKK), Iraqi Kurds are now more concerned about their own relationship with the Turkish leadership. Despite this concern, Iraqi Kurds do not agree with all the claims made by the Turkish government about the PKK. Kurdistan’s Foreign […]
Turkey's military is denying allegations that its air strikes against Kurdistan Workers' Party (PKK) targets have hit civilians. The President of Iraq's Kurdish region has accused Ankara of killing civilians in air raids in the north. He has asked the PKK to leave the region, but the violence continues. Al Jazeera's Zeina Khodr reports:
By John Lee. Turkey's energy ministry has confirmed that the smaller of the two parallel pipelines from Kirkuk to Ceyhan (pictured) was sabotaged early on Wednesday in the district of Cizre in Turkey. Only the 40-inch line was operational at the time of the attack, with the parallel 46-inch line currently idled. Crude oil exports […]
By John Lee. Turkish Airlines has added Erbil to its list of flight destinations operated from/to Istanbul Sabiha Gökçen International Airport. Beginning July 20th, roundtrip flights between Istanbul and Erbil are being operated four times per week on Mondays, Wednesdays, Thursdays and Saturdays; from September 16th, flights will be increased to 7 per week. (Source: […]
By John Lee. The Kurdistan Region of Iraq has imported 26 tons of gold in the first six months of the year, a reduction on the same period last year. According to a report from Shafaaq News, 16.7 tons were imported through Sulaymaniyah International Airport, 8.2 tons through Erbil International Airport, and 1 ton through […]
By John Lee. Oil firms expecting to load Kirkuk crude at the Turkish port of Ceyhan have had to cancel tankers, as the Kurdistan Regional Government ramps up independent oil sales at the expense of sales through the State Oil Marketing Organization (SOMO). According to a report from Reuters, tanker cancellations included Eni’s Seanostrum, Socar’s […]
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 […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Kurdistan in 10 Years: The Future For the Kurdish, The End of Iraqi Borders? As Turkish voters went to the polling booths, Iraq's Kurds were watching eagerly. The result, which […]
Turkish-based storage tank company Ergil has completed a comprehensive engineering, design, material supply and fabrication project in Iraq. ROSCO (Rafidain Oil Services Co., part of the Jurmat Group Of Companies), the EPC contractor for the New Flow Tanks EPC Project, has awarded the company the engineering, design, material supply and fabrication of 33m dia & […]
By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As a coalition of Sunni Arab states led by Saudi Arabia targets Shiite Houthi forces and their allies in Yemen, Iraqi Kurds are watching with concern and caution, wondering how […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Matter of National Security? The Turkish-Kurdish 'Secret Agreement' An 18-month-old “secret agreement” between Iraqi Kurdistan and Turkey goes for 50 years and potentially affects national security and oil exports. Nobody […]
By John Lee. Exports of Kurdish and Kirkuk oil through the Turkish port of Ceyhan have reportedly risen to 420,000 bpd. According to BasNews, this is up from 270,000 bpd in March. 2.5 million bpd were exported through Basra, giving a total of 2.92 million bpd, down from the March record of 2.98 million bpd. […]
