Russia`s Rosneft To Take Controlling Stake Of Iraqi Kurdish Oil Pipeline
(World News Russia)

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. "The accession to the infrastructure project will boost the implementation of the...