Source: Reuters
Iraq's central government is considering cutting federal budget payments to the country's Kurdistan by more than $3 billion (1.9 billion pounds) to cover losses it says came from the autonomous region's oil exports, a government spokesman said on Tuesday.
Ali al-Moussawi, advisor to Prime Minister Nuri al-Maliki, said a committee found losses of more than $3 billion resulting from Kurdistan's failure to pump the amount of oil agreed in the budget, and from its recent halting of oil exports.
Read the full article Baghdad threatens Kurds with budget cut over oil row
Showing posts with label Kurdistan Regional Government. Show all posts
Showing posts with label Kurdistan Regional Government. Show all posts
Friday, 7 September 2012
Corruption and cronyism hinder Iraq's Kurdistan region
Source: Financial Times via eKurd
Kurdistan region 'Iraq', — The Kurdish city of Erbil in the north of Iraq is often described as “the new Dubai” because of its booming development since the fall of Saddam Hussein’s regime in 2003.
But beyond the gleaming new suburbs, five-star hotels and flashy cars lies an ancient city in which critics say corruption remains a problem and the lines dividing government and business are unhealthily blurred.
Read the full article Corruption and cronyism hinder Iraq's Kurdistan region
Kurdistan region 'Iraq', — The Kurdish city of Erbil in the north of Iraq is often described as “the new Dubai” because of its booming development since the fall of Saddam Hussein’s regime in 2003.
But beyond the gleaming new suburbs, five-star hotels and flashy cars lies an ancient city in which critics say corruption remains a problem and the lines dividing government and business are unhealthily blurred.
Read the full article Corruption and cronyism hinder Iraq's Kurdistan region
In Iraqi Kurdistan, Satisfaction With Infrastructure Crumbles
Source: Gallup
Iraq's semiautonomous Kurdish region has long been lauded for its safety and thriving business environment relative to the rest of the country. However, even while its economy experienced a steady 8% growth last year, driven by its oil and gas sectors, residents of the three northern provinces governed by the Kurdistan Regional Government are becoming less satisfied with their infrastructure.
....
Whereas residents of Iraqi Kurdistan have generally been less likely to say government corruption is widespread than their counterparts in the rest of Iraq, the opposite is now true. In 2012, 81% of residents in Iraqi Kurdistan report corruption as widespread in government, compared with 67% of respondents in the rest of Iraq.
Read the full article In Iraqi Kurdistan, Satisfaction With Infrastructure Crumbles
Iraq's semiautonomous Kurdish region has long been lauded for its safety and thriving business environment relative to the rest of the country. However, even while its economy experienced a steady 8% growth last year, driven by its oil and gas sectors, residents of the three northern provinces governed by the Kurdistan Regional Government are becoming less satisfied with their infrastructure.
....
Whereas residents of Iraqi Kurdistan have generally been less likely to say government corruption is widespread than their counterparts in the rest of Iraq, the opposite is now true. In 2012, 81% of residents in Iraqi Kurdistan report corruption as widespread in government, compared with 67% of respondents in the rest of Iraq.
Read the full article In Iraqi Kurdistan, Satisfaction With Infrastructure Crumbles
Friday, 10 August 2012
Iraq ‘lost fight against Arbil’
Source: Peyamner News Agency
“Baghdad has lost its oil and natural gas fight against northern Iraq,” Sepil said. “Let’s take a look at companies operating there currently: Exxon, Chevron, Total and Gazprom. These are some of the largest oil companies in the world. What’s more, Exxon, Total and Gazprom are also working in Baghdad [oilfields]. Baghdad says it will put those who operate in northern Iraq on a blacklist, but the largest companies in the world are working there. This issue is over. In addition, Baghdad operates too slowly, so the oil companies are escaping from there and moving to the north. The energy fight is over today. The important question is when Baghdad will admit this.” Mehmet Sepil, the chief executive of Genel Energy
Read the full article Iraq ‘lost fight against Arbil’
“Baghdad has lost its oil and natural gas fight against northern Iraq,” Sepil said. “Let’s take a look at companies operating there currently: Exxon, Chevron, Total and Gazprom. These are some of the largest oil companies in the world. What’s more, Exxon, Total and Gazprom are also working in Baghdad [oilfields]. Baghdad says it will put those who operate in northern Iraq on a blacklist, but the largest companies in the world are working there. This issue is over. In addition, Baghdad operates too slowly, so the oil companies are escaping from there and moving to the north. The energy fight is over today. The important question is when Baghdad will admit this.” Mehmet Sepil, the chief executive of Genel Energy
Read the full article Iraq ‘lost fight against Arbil’
Tuesday, 31 July 2012
When will a Kurdish state be established?
Source: Kurdish Globe
"Barzani believes that getting support from Turkey is essential because through it the Kurds might be able to gain America's support later. The impact of the current situation going on in Kurdistan Region makes Barzani think about a Kurdish state. But Talabani believes that Barzani's power after announcing the state will be an alarm for PUK and other parties. That's why party leaders express different opinions and try to lead their institutions to go through their opinions." Ghassan Atiyyah, Director of the Development and Democracy Institution of Iraq,
Read the full article When will a Kurdish state be established?
"Barzani believes that getting support from Turkey is essential because through it the Kurds might be able to gain America's support later. The impact of the current situation going on in Kurdistan Region makes Barzani think about a Kurdish state. But Talabani believes that Barzani's power after announcing the state will be an alarm for PUK and other parties. That's why party leaders express different opinions and try to lead their institutions to go through their opinions." Ghassan Atiyyah, Director of the Development and Democracy Institution of Iraq,
Read the full article When will a Kurdish state be established?
French French Total signs Iraqi Kurdistan oil deal
Source: AFP
French energy giant Total said on Tuesday it has signed an oil exploration deal for areas in the Kurdistan region of northern Iraq, putting it on a collision course with the central government in Baghdad.
Read the full article French Total signs Iraqi Kurdistan oil deal
French energy giant Total said on Tuesday it has signed an oil exploration deal for areas in the Kurdistan region of northern Iraq, putting it on a collision course with the central government in Baghdad.
Read the full article French Total signs Iraqi Kurdistan oil deal
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