Iraq/Kurdistan/Russia: Russia's Rosneft to Take Controlling Stake of Iraqi Kurdish Oil Pipeline
Oct 20, 2017
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Radio Free Europe/Radio Liberty
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Russia's state-owned Rosneft oil company says it has agreed with the government of Iraq's autonomous Kurdish region to take a controlling stake in the region's main oil export pipeline.
Rosneft said in an October 20 statement that it will own 60 percent of the pipeline while Iraq's private KAR Group will hold the remaining stake.