The Kurdistan Region sits upon the world’s seventh-largest gas reserves-one rank behind Saudi Arabia, member of Kurdistan’s Parliament Ali Hama Saleh said on Saturday, citing the benefits of the Region’s future replacement of oil if exploited properly. “The Kurdistan Region, in comparison to the world’s countries, enlists as the seventh-largest …
Read More »Kurdistan Halts all Oil Exports after Attack
The Kurdistan Region Government in Iraq declared a halt to all oil exports on Friday after experiencing an attack on a crude oil pipeline earlier in the week. The pipeline suffered an attack on Wednesday, disrupting the flow of crude. The KRG-controlled area of Iraq manages oil exports through the …
Read More »Iraq’s Semiautonomous Kurdish Region could not Comply with Baghdad’s Oil Cuts Request
Iraq’s semiautonomous Kurdish region could not comply with Baghdad’s request to cut output by 120,000 b/d due to financing needs, but implemented a lesser reduction, a Kurdish minister told Iraq’s state-run TV Sept. 9. The Kurdish region has cut output by 50,000 b/d at 410,000 b/d, Minister of State Khalid …
Read More »Russia, China Struggle for Influence in Iraq Oil Market
With the U.S.’s patience wearing thin on its dealings with neighboring Iran, endemic corruption still prevalent in both the south of the country and in the northern semi-autonomous region of Kurdistan, and enduring political chaos with frequently-changing prime ministers popping up whilst the real power remains with firebrand cleric Moqtada …
Read More »Kurdistan Commits to OPEC+ Oil Output Cut
Kurdistan is committed to the OPEC+ oil production cut deal and will reduce output accordingly, the government of the semi-autonomous Iraqi region said in a statement following a meeting between Kurdish and Iraqi officials. Reuters reported that at the meeting, the two sides had agreed that Kurdistan would report monthly …
Read More »Iran, Iraqi Kurdistan Region Discuss Trade Relations
Consul General of Iran Mehdi Shoushtari met and held talks with governor of Sulaymaniyah Haval Abubakir on Sunday evening on the trade relations.
Read More »The Iraqi Government Intends to Restrict Kurdistan Region by OPEC Agreement
The federal government intends to restrict Kurdistan Region by OPEC agreement to reduce crude oil production. The advisor to the Prime Minister, Mathar Muhammad Salih indicated in a statement quoted by the semi-official newspaper, Al-Sabah, in its Sunday edition, to what he called “the importance of the oil ministry restricting …
Read More »Iran Stresses Strengthening of Ties with Iraqi Kurdistan
Developments of relations with Iraqi Kurdistan region in all fields are Iran'.s policy.
Read More »Kurdish Oil Production Jumps by More Than 60%
Production from an oil reservoir in the Kurdish north of Iraq has increased by more than 60 %.
Read More »Kurds in Syria Share Oil with Government as Part of a Deal
Syria’s government and its President Bashar Assad rely on Russia to help it to restore its oil and gas sector.
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