Iraq to import Iranian gas

11 March 2013 - 1:09pm


Iranian Petroleum Minister Rostam Ghasemi met his Iraqi counterpart Abdul Karim el Luaibi in Baghdad and discussed signing of a deal on Iranian gas exports to Iraq and plans to sign a deal on gas exports to Syria, Iran News reports.

About 20-25 million cubic meters of gas daily will first be exported to Baghdad, then to Basra in three months.

Iran, Iraq and Syria signed a memorandum of understanding in mid-2010 to build a 5600-km long pipeline worth about $10 billion. It will have a capacity of 110 million cubic meters daily.

Syria will buy 20-25 million cubic meters daily. Lebanon and Jordan will buy uncertain volumes of gas. Iran plans to organize exports of liquefied gas through Mediterranean ports of Syria to Europe.


Read also

Apr 23 2014 - 13:06
Bekhruz Alishiri, Iranian deputy minister for economy and finances, director of the Investment and Economic and Technical Assistance Organization, said at a business forum organized by the Iranian embassy in Beijing that Iran was ready for Chinese investments, reports.He noted that there were major structural reformations made in economic fields. The official welcomed Chinese investments in the process according to the law on promotion and protection of foreign investments. Alishiri offered to present a list of investment projects with accomplished feasibility studies.
Apr 23 2014 - 11:44
An Iranian business delegation from the North Khorasan Province is on a visit to India for a week to visit states and industrial enterprises, reports.It will be the first foreign visit of entrepreneurs from the North Khorasan Province.The trade turnover between Iran and India has increased from $9 billion to $16 billion in the last 5 years. The sides plan to further increase the volume to $25 billion in the next five years.About 10% of all exports from the North Khorasan (worth $15 million) are imported by India. The exports include saffron and dry fruits.
Apr 9 2014 - 17:06
China is going to invest in Iran's oil and chemical industry, the deputy head of the Iranian National Oil and Chemical Industry Company, Hassan Peyvandi, said today.
Apr 3 2014 - 19:51
A meeting of experts of the "six" international mediators and Iran aimed at preparing the third round of negotiations on comprehensive settlement of the Iranian nuclear problem started in Vienna on Thursday, a diplomatic source close to the negotiations confirmed to RIA Novosti. Following the results of the previous, second round of talks held in Vienna on March 18-19, it was announced that the third round at the level of political directors would be held in the Austrian capital on April 7-9, and the expert meeting - on April 3-5. 
Apr 1 2014 - 12:20
A project on import of Iranian gas to Pakistan cannot be implemented due to international sanctions against Tehran, the minister of oil and natural resources of Pakistan Shahid Hakan Abbasi said in the National Assembly of the country. The minister stated that as international sanctions continued their operation, the project would be frozen. Even if the gas pipeline is built, Pakistan will have no opportunity to buy Iranian gas under the current sanctions, reports. 
Mar 13 2014 - 09:05
Oil and Gas Minister of Oman Mohammad Alramahi said that a deal was signed with Iran during President Hassan Rouhani’s visit to build an underwater pipeline to import gas from Iran, Trend reports.The project is worth $721 million and will be accomplished by 2017.Alramahi emphasized that both sides of the contract will start technical and feasibility studies of the project.