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News ID: 5618
Iran » Iran
Publish Date: 10:10 - 30 November 2014
Tehran, YJC. Official says Iran is hopeful to start selling gas to Iraq next year, Iranian calendar.

Deputy Oil Minister Hamid Reza Araqi in interview with Mehr news agency stated that Iran is finalizing its pipeline and facilities which are to carry gas from the country to Iraq.

It is expected that in the early next year, starting March, Iran will start sending gas to the neighbor country, he stated, adding "Right now we are at the final stages of the production, installation, and operation of the pipeline and other conveyance facilities that are to be used do export natural gas to Iraq.”

Araqi, who is also the Director of the Iranian National Gas Company explained that the gas so exported is meant to answer to need of the Iraqi capital Baghdad as well as the country’s power plants.

He also maintained that the export is planned to increase in stages.

"Based on the arrangements, next year it is agreed on 5 to 6 million m3 of gas to be exported to Iraq,” he noted.

He added that the maximum volume of gas to be exported is 25 million m3 in the first stage which will increase as facilities are launched inside the Iraqi soil.

He had earlier stated that the second and third stages of the contract will take much time since 300 km of pipeline has to be stretched and the related facilities constructed.

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