Iran to Launch Gas Export to Iraq

Iran to Launch Gas Export to Iraq

Iran stated that natural gas exports to Iraq will start in September 2016. The Managing Director of the National Iranian Gas Company (NIGC),Hamid-Reza Araqi, confirmed that Iran will initially ship 7mcm/d to supply a power plant in Baghdad and a second route to Basra will be opened in 2017, with shipments eventually reaching 70mcm/d, Bloomberg reported.

The two countries signed a basic agreement for the exportation of natural gas from Iran’s South Pars gas field to Iraq in 2013, Press Tv.

Based on the agreement, Iran planned to export 25mcm/d of gas to Sadr, Baghdad and al-Mansuriya power plants through a 270 km pipeline. The volume was planned to reach  35mcm/d during hot seasons. Yet, Iran’s gas shipments to Iraq have been delayed, for almost 12-months, due to unsafe conditions and political unrest.

 

 

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