German utility RWE AG (RWE.XE) said Friday it has signed an agreement with the Kurdistan regional government to develop the northern Iraq region's natural gas infrastructure and source gas from the area to feed the planned Nabucco pipeline.

In an emailed statement the company's gas procurement wholesale unit--RWE Supply & Trading--said the agreement aims at helping the region "to develop and design its domestic and export [gas] transportation infrastructure" to market Kurdistan's gas reserves.

RWE Supply & Trading also said it hopes the partnership will help to negotiate "gas supply agreements to enable gas from the region to be transported to Turkey and Europe via the Nabucco pipeline".

The consortium behind the estimated EUR7.9 billion Turkey-Western Europe Nabucco pipeline comprises Austria's OMV AG (OMV.VI), Romania's Transgaz, Bulgaria's Bulgargaz, Hungary's MOL Nyrt. (MOL.BU) and RWE.

-By Jan Hromadko, Dow Jones Newswires; +49 69 29 725 503; jan.hromadko@dowjones.com
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