Detailed Analysis: KRG Oil Field Production and Revenue
According to a new report by the Runbeen Organization, which monitors transparency in the Kurdistan Region’s oil sector, currently, eight…
Iraq’s Q1 2025 Budget: Spending Rises 12%, Oil Revenues Fall, Deficit Hits 891 Billion Dinars
Iraq’s Ministry of Finance has released its financial report for the first quarter of 2025, revealing a rise in government…
The Other Side of the KRG Salary Crisis: How Intra-Shia Patronage is Bankrupting Iraq
While the Iraqi finance ministry halted salary payments to the Kurdistan Regional Government (KRG), citing its failure to meet obligations…
Written by
Arivan
How Much Was the KRG’s Oil Revenue in 2024 and What Happened to It?
The Iraqi Finance Ministry has recently cited the Kurdistan Regional Government’s (KRG) 2024 revenue as part of its justification for suspending salary transfers to the region for the remainder of…
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Written by
Arivan
KRG’s Total Oil and Non-Oil Revenues for 2023 and 2024
According to data published by the Iraqi Finance Ministry—based on the joint federal audit conducted by Baghdad and the KRG, and confirmed as accurate by a Kurdish member of the…
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Written by
Arivan
KRG Oil Production Surges 11% in Q1 Despite Export Constraints
Kurdistan Region’s oil industry showed notable growth in Q1 2025, with increased production levels and higher revenues across key oil companies operating in the region. DNO, Genel Energy, and ShaMaran…
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Written by
Arivan
KRG Oil Audit for Q2 2024 Reveals Deepening Fiscal Crisis: $50M Deficit, $9.25B in Debt
According to a new joint financial oversight report by Iraq and the KRG for the second quarter of 2024, companies operating in the KRG’s oilfields produced a total of 27,694,529…
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Written by
Arivan
Two Years After the Pipeline Shutdown: Where Do KRG’s Oil Exports Stand?
On the morning of March 25, 2023, Turkey halted oil exports from the Kurdistan Region to the Ceyhan port, following a ruling by the International Court of Arbitration in Paris.…
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Written by
Arivan
Iraq’s 2024 Import Profile: UAE Leads with $31B, Gold Tops Commodity List
Iraq in 2024 imported goods and commodities valued at approximately $65.293 billion from the United Arab Emirates, China, Turkey, India, Brazil, and the United States. The highest value of imports…
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Written by
Arivan
KRG-Iraq Budget Dispute: A Battle of Interpretations
One of the most interesting issues in the ongoing Kurdistan Regional Government (KRG)-Iraqi central government budget conflict is not merely the disagreement over financial figures, but the competing interpretations of…
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