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Kurdistan’s Economy Is On Its Knees

Oil windfalls brought attracted investors  a number of years to Kurdistan Region; now the KRG is on a total bankruptcy.

Near a quiet park in Sulaimaniya, the second largest city in Iraq’s Kurdistan region, Ali and his fellow taxi drivers are engaged in deep conversation. The topic touches upon the struggles that he and his friends are now facing. “There are few customers these days. People don’t have the money …

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KRG Publishes Monthly Export Report for February 2016

natural resources ministry krg

Press Release of the Ministry of Natural Resources The Kurdistan Regional Government (KRG) today publishes the monthly crude oil export report for February 2016. The report details: All oil export volumes through the KRG-Ceyhan crude oil pipeline; all crude oil cargoes lifted from Ceyhan by the buyers; and the revenues received …

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Monthly Oil Export Report for November 2015

A worker is seen at the Tawke oil refinery in Kurdistan, on May 31, 2009 AFP

The Kurdistan Regional Government, KRG, exported 18,023,075 barrels of crude oil (an average of 600,769 barrels per day) in November through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by the KRG contributed 13,023,266 barrels (434,109 bpd on average), while fields operated …

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