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    Once Complete IGAT 6 Would Help Iran Boost Gas Supply Volumes to Iraq

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Summary

Iran expects to boost natural gas exports to Iraq after completion of Iran Gas Trunkline VI (IGAT VI).

by: shardul

Posted in:

Asia/Oceania

Once Complete IGAT 6 Would Help Iran Boost Gas Supply Volumes to Iraq

Iran expects to boost natural gas exports to Iraq after completion of Iran Gas Trunkline VI (IGAT VI).

Ali-Reza Gharibi, managing director of Iran Gas Engineering and Development Company, said construction of the second section of the pipeline would be also of help in sustained gas delivery to western and northwestern Iran, Shana News reported Saturday.

The project is estimated to cost $2.2 billion and is among the top priorities of the company in the current calendar year to March 2016, Gharibi added.

IGAT VI starts from South Pars gas field reaching Dehgolan after crossing Khozestan, Lorestan, Ilam and Kermanshah provinces. An IGAT-VI offshoot will raise the volume of gas export to Iraq.

The two countries have signed a deal under which Iran will export gas to Baghdad with a daily volume of 4 mcm which could increase to 35 mcm/d. Actual supply has been continuously delayed due fragile security situation prevailing in Iraq.

A second gas deal is expected to be signed next year between the two nations. Post the six year deal Iran will start supplying 5mcm/d of gas to Basra. The deal requires Iran to raise gas exports to Basra to 30 mcm/d, Shana added.

Gas delivery to Basra would come from IGAT VI.