A Russian Energy Firm Boosts the Political Power of Iraq's Kurds
MIN READSep 19, 2017 | 15:32 GMT
The natural gas export pipeline that Rosneft and the Kurdistan Regional Government are negotiating could immediately change the way regional powers operate and behave.
(PeterHermesFurian/iStock and DMITRY KOSTYUKOV/AFP/Getty Images)
The budding relationship between Russian energy firm Rosneft and Iraq's Kurdistan Regional Government (KRG) is closer than ever. The company announced Sept. 18 that it was in the final stages of negotiating a deal with the KRG to finance and build a $1 billion natural gas export pipeline to Turkey. Once complete, the pipeline will transform the way the autonomous region in northern Iraq exports its energy. And its effect on regional politics will be no less dramatic....