Pipelines, Storage & Power

Rosneft announces pipeline plan ahead of Kurdish vote

The agreement for the Russian company to finance construction of the gas pipeline comes just a week before Iraqi Kurdistan’s independence poll The agreement for the Russian company to finance construction of the gas pipeline comes just a week before Iraqi Kurdistan’s independence poll.
By Peter Stewart 20 September 2017 0 27645
Kurdish independence rally in Beirut, Lebanon. Kurds wave Kurdish flags during a rally in Lebanon to support the independence referendum. (PA)

Rosneft is poised to take a key role in developing gas distribution and export infrastructure in the Kurdistan region of Iraq, further boosting Russia’s geopolitical stake in the turbulent region ahead of a controversial independence vote.

Interfax reported on 18 September that Rosneft and the government of Iraq’s autonomous Kurdish region are holding talks for the Russian oil giant to participate in financing construction of a gas pipeline in Kurdistan. Rosneft said it expects to sign the deal by end of the year. A framework agreement...