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Rosneft Boosts Clout in Iraqi Kurdistan with Gas Pipeline Deal

Source: Reuters 5/25/2018, Location: Middle East

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Russian state oil major Rosneft signed a deal to help Kurdistan develop its gas reserves and build a gas pipeline, expanding the company’s dominance in the energy sector of Iraq’s semi-autonomous region.

Rosneft said it would conduct a pre-FEED (front engineering and design) of a gas pipeline in Kurdistan as part of its plan to build an integrated gas business value chain in the region.

It said it would focus on partnerships and third-party project financing for gas projects in Kurdistan.

Rosneft has agreed to invest billions of dollars in Kurdistan’s oil projects in the past two years including securing control of the region’s oil pipeline.

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Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


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