Iran, Iraq to Finalize Gas Deal Soon

Iraq’s Deputy Minister of Electricity Adel Hamid Mahdi said that Tehran and Baghdad will soon finalize a deal under which Iran will pump natural gas to its western neighbor to fuel power plants in the southern Iraqi province of Basra.

He went on to say that gas exports to Baghdad will begin next July, with an initial capacity of 7 million cubic meters per day, Iran’s SHANA news agency reported.

He stated that Iranian and Iraqi oil ministers agreed last month that a new pipeline will be constructed for exporting gas from Iran to Iraq.

It’s worth mentioning that, diversification of gas export routes to Europe is the other advantage of Iran-Iraq contract which in addition to Turkey will open a second route for gas transfer to Europe, an issue that has been approved by Iraqi and Syrian governments.

LNG World News Staff, December 9, 2013; Image: NIGC

Share this article

Follow LNG World News

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >