By Harem Karem: In a report published in July, I attempted to shed light on some serious environmental issues caused by the oil companies operating in the Kurdistan Region (KR), while pointing to the failure of the Natural Resources Ministry (NRM) to protect KR’s environment and its population. In this piece, I discuss another problem…
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Category Archives: Oil
KRG to pump oil to Turkey in ‘truce’ with Baghdad
KT News: The Kurdistan Region will next month start pumping oil to Turkey via an existing pipeline controlled by Iraq, according to a Bloomsburg report which says this signals an easing of prolonged tensions over oil between the Baghdad central government and the Kurdistan Regional Government (KRG). Bookmark on Delicious Recommend on Facebook Share on Linkedin Tweet about…
Why is the GTA game making 14 times more than Kurdistan’s oil?
By Ibrahim Anwar : The majority of Kurdistan’s income is from the sale of oil. The Kurdistan Region produces 750,000 barrels per day (bpd) and, deducting all operation costs and other indirect costs, the Kurdistan Regional Government’s (KRG’s) revenue will be 1,720,000,000 USD for October 2013. The KRG has anticipated 1,957,000,000 USD as its monthly revenue during the first six months of 2014, with this…
Fuel prices prove what, if anything?
By Osamah Golpy: The Kurdistan Region of Iraq has reduced the price of oil by half, from 1000 IQD to 500 IQD (approx. 0.60 USD) per litre. This cut came just four weeks before the parliamentarian elections, set for September 21st. It has come under attack from the opposition parties, not on environmental grounds, but…
The paradox of Kurdistan’s oil: a curse or a boon?
By Kamal Chomani: Twitter: @KamalChomani With oil reserves of about 45 billion barrels, the Kurdistan Region of Iraq has become a production hub for giant oil companies. These reserves play a vital role in shaping the Kurdistan Regional Government’s (KRG) domestic, regional and international politics. KRG officials claim that oil has shown its potential to…
Public Health at risk due to toxic substances
By Harem Karem: KT Exclusive Today in Iraq, as result of oil extracting, 700 million cubic feet of gas is burnt each day without being put to good use. Recently Shell has entered into an agreement with the Iraqi government to trap the gas and use it either for domestic consumption or export. This project,…
Oil industry destroys Kurds’ land and livelihoods
By Harem Karem: KT Exclusive The shadowy extractive industry in Kurdistan supposedly brings nothing but benefits to the indigenous population, according to the natural resources minister and other Kurdistan Regional Government (KRG) officials. However, the latest oil discovery in the Shaqlawa area in Hawler province tells a different story about the industry’s local impact. Following…
Ashty Hawramy to face court
By Aland Mahwy: Hama-Jaza Hama-Salah, deputy natural resources minister of the Kurdistan region, is to file a law suit against Ashty Hawramy for insulting him, following his resignation as deputy minister. Ashty Hawramy, the KRG’s natural resources minister, accused his deputy on 8 June of using his position to put pressure on an oil company…
$20M good news for AUIS – but how to improve education for all?
KT News and Comment: The Anglo-Turkish oil giant Genel Energy has donated $20 million to The American University of Iraq – Slemani (AUIS). Dr. Athanasios Moulakis, president of the AUIS, has expressed his gratitude: “We thank the Genel Energy for their generous donation. We also thank the (KRG) Kurdistan Regional Government Prime Minister and both…
Kurdistan recruitment consultant advises: Modern life is not easy!
By Sayran Hadi: I am a link between job seekers and employers in the Kurdistan Region. I receive hundreds of CVs every day and so many people want to change their job. They mostly want to join the oil sector… Life is not easy nowadays, especially in a country like Kurdistan – where business is…
Is it a trap? Playing political football with fuel subsidies in the Kurdistan Region
By Shwan Zulal: First published on Niqash High fuel prices and long gas station queues in Iraqi Kurdistan have led to calls for a government subsidy on fuel. But one industry analyst thinks that’s a terrible idea: And it seems as though not a day goes by when oil in the semi-autonomous state of Iraqi…
Erdoğan to brief Obama on Exxon’s latest play!
By Shwan Zulal: At the airport moment before boarding the plane bound to the US, the Turkish Prime Minister, Recep Tayyip Erdoğan, announced that Turkey has agreed a deal with the Kurdistan Regional Government (KRG) and Exxonmobil for oil and gas exploration in the Kurdistan region of Iraq. The PM only made a brief statement…
Kurdish law makers should tax individual higher earners
By Mufid Abdulla: This article flows from the recent local news that there are 30,000 dollar millionaires in the south of Kurdistan. First of all we must ask ourselves what Kurdistan produces to create such a high-calibre rich class, or what innovations has the region seen in the past decade to justify this? In the…
First oil from south of Kurdistan sold on international market
KT News: The first cargo of crude oil from an oil field in the south of Kurdistan has been sold on the international market. This has happened in defiance of the Iraq central government and against the background of its ongoing dispute with the Kurdistan Regional Government (KRG). Reuters quotes sources as saying that a…
Baghdad budget is for ordinary people and oil dispute is for the rich, says Gorran MP
KT News and Comment: A prominent Gorran MP in the Iraqi parliament has accused other Kurdish MPs of wrongly opposing Iraq’s budget because of the ongoing oil dispute. Latif Mustafa told Awene that, while the Iraq budget ‘belongs’ to ordinary people, the oil dispute between Baghdad and Erbil mainly concerns the corrupt politicians, oil contractors…
