West Asia Consolidates Gazprom’s Iraqi Assets
Gazprom’s West Asia LLC has taken full ownership of the two companies that operate the group’s oil projects in Iraq: IC LLC Badra Petroleum and Garmian Petroleum B.V., the latter renamed from Gazprom Neft Middle East B.V. on 6 June 2026. Details of the new structure have been reported in …
West Asia LLC: Inside the Gazprom Structure Managing Iraq’s Oil Assets
Corporate restructuring is nothing new in Russia’s oil and gas industry. Companies change names, redraw ownership chains and reallocate assets. Even by those standards, however, the history of West Asia LLC, formerly GPN Middle East Projects LLC, is unusual. This investment company used to be a part of Gazprom Neft, …