Kurdistan president Barzani to step down

Masoud Barzani, president of the Kurdistan Regional Government, announced on Sunday he would step down from office on November 1.

President Barzani’s powers are expected to devolve to Prime Minister Nechirvan Barzani, along with other officials.

The president said in a speech that he would continue to work to “achieve the just rights of our nation.”

His decision was on Monday hailed by the U.S. Department of State, which called it “an act of statesmanship in a difficult period” while emphasising that US officials looked forward to working with the prime minister and other officials going forward.

The move came two days after a ceasefire was announced between Iraqi pro-government forces and Kurdish Peshmerga fighters, following fighting in the wake of Baghdad’s retaking of the oil-rich Kirkuk area.

The ceasefire put and end to violence that came weeks after areas under the control of the Kurdistan Regional Government, including Kirkuk, voted overwhelmingly to secede from Iraq in a referendum that incensed the central government alongside neighbours Iran and Turkey, which are also home to significant Kurdish minorities.

Recent Posts

Iberdrola to triple offshore wind assets to $18 billion

Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More

1 day ago

Angola’s Azule Energy awards Saipem $850-million contract

Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More

2 days ago

Arrow Exploration spuds new well in Colombia

Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More

2 days ago

Petronas makes discovery off Suriname

Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More

3 days ago

Japan’s JERA slates $32 billion for LNG, renewables, new fuels

Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More

3 days ago

Chevron planning UK North Sea exit

Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More

3 days ago

This website uses cookies.