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  • Investors Iraq News's Avatar
    Today, 01:13 PM
    By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Finance Head of Department, Action contre la Faim – ACF International MEAL Officer, Action contre la Faim – ACF International Mental Health and Care Practices/MHPSS Head of Department, Action contre la Faim – ACF International Emergency Team Leader, Oxfam Public Information Officer, Office for the Coordination of Humanitarian Affairs (OCHA) Finance Officer (Pooled Fund Manager), Office for the Coordination of Humanitarian Affairs (OCHA) Humanitarian Affairs Officer / Reporting Officer, UN Office for Project Services (UNOPS) Project Manager (OFDA), Agency for Technical Cooperation and Development (ACTED) Project Development Officer, Agency for Technical Cooperation and Development (ACTED) (Source: UN) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 26 view(s)
  • Investors Iraq News's Avatar
    Today, 01:13 PM
    By John Lee. The United Nations has advertised new positions in Iraq: GBV Manager, International Medical Corps MHPSS Consultant, International Medical Corps Field Coordinator, International Medical Corps Program Coordinator, International Medical Corps Community Liaison Manager, Mines Advisory Group (MAG) Human Resources Assistant, Norwegian Refugee Council (NRC) Administration Officer, Norwegian Refugee Council (NRC) Admin Assistant, Norwegian Refugee Council (NRC) Education Project Coordinator, Norwegian Refugee Council (NRC) Health Program Manager, Save the Children Senior Advisor Stabilisation,*United Nations Development Programme (UNDP) Associate Political Affairs, United Nations Assistance Mission for Iraq (UNAMI) (Source: UN) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 21 view(s)
  • Investors Iraq News's Avatar
    Today, 01:13 PM
    The United Nations is concerned about reports regarding the destruction and looting of houses, businesses and political offices, and forced displacement of civilians, predominantly Kurds, from disputed areas. The United Nations has received allegations of the burning of about 150 houses in Tuz Khurmatu on 16 and 17 October, by armed groups. There were also allegations that up to 11 houses which reportedly belonged to Kurdish families and officials of Kurdish political parties were destroyed by explosives in the city. There were also reports of attacks against political offices of Turkmen parties in the Kirkuk Governorate. The United Nations takes note of Prime Minister Haider al-Abadi’s acknowledgement of incidents caused by what he described as extremist elements from both sides and his decision to send the Iraqi army to restore order in Tuz Khurmatu, as well as the calls by the political and security leaderships of the country requesting federal and local security forces to ensure and act in full respect for law and order and protect civilians and political leaders. The United Nations urges the Government of Iraq to take every action to halt any violations and ensure that all civilians are protected and that the perpetrators of acts of violence, intimidation and forced displacement of civilians be brought to justice. (Source: United Nations) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 21 view(s)
  • Investors Iraq News's Avatar
    Today, 01:13 PM
    The Council of Ministers of the Kurdistan Regional Government held a meeting on Thursday to discuss the latest developments in the region. Prime Minister Nechirvan Barzani and Deputy Prime Minister Qubad Talabani attended the meeting and discussed the situation in Kirkuk and other areas that witnessed tensions and clashes this week. The Council of Ministers welcomed Iraqi Prime Minister Haider Al-Abadi’s call for negotiations in order to address the issues between the Kurdistan Regional Government and Iraqi Federal Government, within the framework of the federal constitution, and based on partnership and consensus. It also called on the international community to help the two sides to start and conduct the talks. The Council of Ministers reiterated that the Kurdistan Regional Government has always been ready for dialogue and negotiations with Baghdad. In a statement after the meeting, the Council of Ministers said that history has proven that the will of the people of Kurdistan will not be shaken by military actions, and the issues of Iraq will not be solved militarily. The Council of Ministers also instructed relevant authorities to provide assistance for the people from Kirkuk and Tuz Khormatu, who fled their homes due to the recent violence. The Council also thanked the people and KRG agencies for their outpouring support for the displaced. The Council of Ministers of the Kurdistan Regional Government extended its condolences to the family and friends of member of Kurdistan Parliament, Shwan Qaladzayee, who lost his life in a car accident. (Source: KRG) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 19 view(s)
  • Investors Iraq News's Avatar
    Today, 01:13 PM
    Gulf Keystone Petroleum (GKP) confirmed on Friday morning that its operations in Kurdistan continue safely and securely with the Company achieving average production of 34,525 bopd from Shaikan since the beginning of October 2017. Shaikan is performing as expected with cumulative production from the field now at 42.4 million barrels, an average of 35,966 bopd in 2017. The Company is on track to meet gross production guidance of 32,000-38,000 bopd for the year. In line with the Ministry of Natural Resource’s crude export strategy, Shaikan crude production is still being exported via trucks to Turkey. Trucking operations continue uninterrupted with approximately 200 trucks loaded daily. Following the recent payment for the October 2017 Reinstated Notes coupon of $5 million, the Company’s current cash position is $147.2 million. Gulf Keystone will keep the market appraised of any changes to its normal operations. Commenting on today’s announcement, CEO, Jón Ferrier, said: “We remain committed to ensuring safe and secure operations in Kurdistan, and we continue to monitor the geo-political situation closely. Despite the challenges facing the region, we are maintaining stable operations.” (Source: Gulf Keystone) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 22 view(s)
  • Investors Iraq News's Avatar
    Today, 01:13 PM
    In a statement released on October 18, the Kurdish Independent High Electoral and Referendum Commission (IHERC) said it had decided to suspend the preparations for the upcoming presidential and parliamentary elections, due to be held on November 1, due to the recent violence in Kirkuk and other disputed territories. The suspension is due to not receiving “the names of candidates on the scheduled dates and because of the recent development in Kirkuk and the disputed areas,” the IHERC statement said. It said “the suspension will continue until the parliament of Kurdistan region will take a decision about the matter.” (Source: GardaWorld) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 22 view(s)
  • Investors Iraq News's Avatar
    Today, 01:13 PM
    Russia’s Rosneft and Kurdistan Regional Government (KRG) have announced the start of joint implementation of an infrastructure project for the operation of the oil pipeline in the Kurdish Autonomous Region. According to a statement from Rosneft, its share in the project “may amount to 60%“. “The other project participant with 40% share will be KAR Group, who is the current pipeline operator,” it added. Rosneft Chief Executive Officer Igor Sechin (pictured) said: “The entry into the infrastructure project will contribute to achievement of Rosneft’s strategic objectives and will enable Rosneft to enhance the efficiency of oil transportation to the end customers including supplies to the Company’s refineries in Germany”. (Source: Rosneft) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 21 view(s)
  • Investors Iraq News's Avatar
    Today, 01:13 PM
    By John Lee. Iraq’s Ministry of Oil has hit back at Rosneft‘s recent decision to enter a production-sharing deal with the Kurdistan Regional Government (KRG) without its approval. In a statement, the Ministry warned: “The ministry of oil warns seriously all the countries and oil companies from contracting or dealing with any authority inside Iraq without taking the approval from the federal government and the ministry of oil”. Oil Minister Jabar Ali al-Luaibi (pictured) added: “… irresponsible statements from some of the officials inside & outside Iraq or the foreign companies about their intention to sign oil contracts with any authority inside the geographic borders of Iraq without telling the federal government or the ministry of oil, is considered as a Blatant interference in the internal affairs and a derogation from national sovereignty, and an outright violation of international norms.” Rosneft boss Igor Sechin insisted that the company strictly followed the law. AFP quotes him as saying: “If there are problems between the government of Iraq and Kurdistan they need to solve the problems themselves … I am not a politician, my job is to produce oil.” In addition to the production-sharing deal, Rosneft has just agreed to start work on a new oil pipeline project in Iraqi Kurdistan. (Sources: Iraqi Ministry of Oil, AFP) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 21 view(s)
  • Wolverine's Avatar
    Today, 10:41 AM
    https://www.bloomberg.com/news/articles/2017-10-18/iraq-turmoil-threatens-billions-in-oil-trader-deals-with-kurds The crisis unfolding around the Iraqi city of Kirkuk has left some of the world’s largest commodity trading houses worried the country’s autonomous Kurdish region will struggle to repay billions of dollars in cash-for-oil loans. The approximately $3.5 billion in debts were going to be met with the roughly 500,000 to 600,000 barrels a day of crude that the northern region of Iraq was pumping, according to people familiar with the information, asking not to be named discussing private information. But output has now collapsed to about half that level after the federal government in Baghdad recaptured some oilfields that the Kurds seized in 2014. read entire article here
    0 replies | 39 view(s)
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