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Rosneft KRG Pipeline To Supply 20 Billion Cubic Meters Of gas To Turkey, Europe

Russian giant to continue expansion in the region

Following the signing of an agreement with the KRG's Ministry of Natural Resources in May to build a new gas pipeline, Rosneft are planning to export 20bcm of gas to Turkey and Europe. 

It is expected that the gas pipeline will have the capacity to ship up to 10bcm to Turkey and a further 10bcm to Europe.

With both Rosneft and Gazprom continually increasing their market share in recent times, Moscow has now become the largest petroleum investor in the Middle East. 

Source: Kurdistan 24

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