Iranian Gas Exports to Iraq to Commence in Four Months

Iranian natural gas supplies to Iraq is expected to commence in another four months, Iran’s Gas Engineering and Development Company announced on Tuesday, says Tasnim News Agency.

According to the news agency, work on the construction of Iranian part of a gas pipeline to Iraq has witnessed a 75 percent progress, Alireza Gharibi, managing director of the company, said.

Upon completion Iran can export five million cubic meters of natural gas to Iraq in the first phase, Gharibi said. He added that the export volume could rise to 10 mcm in the subsequent stages.

The project is aimed at supplying Al-Baghdad and Al-Mansouriyah power plants with natural gas.

Iran says the new exports will earn the country nearly $3.7bln a year, adds Tasnim News Agency.