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Home International Customs

Iran to seal 5mcm gas export agreement with Iraq

byCustoms Today Report
07/03/2015
in International Customs
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TEHRAN: National Iranian Gas Exports Company’s Managing Director, Alireza Kameli, said that Iran is ready to sign an agreement with Iraq to supply 5 million cubic meters (mcm) of natural gas per day to the Iraqi southern city of Basra in next Iranian calendar year.

Kameli said Iran will start export of natural gas to Basra one year after signing the agreement and adding that the figure is planned to rise to 30 mcm within 6 years.

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Meanwhile, Iran plans to start natural gas exports to Baghdad in May on the condition of security stability in the Iraqi capital, Kameli added.

He said based on the agreement signed between Tehran and Baghdad on July 2, 2013, 4 mcm per day of Iran’s natural gas will be delivered to Iraq in the first phase, but the pipeline will finally carry 35 mcm of gas per day to Iraq.

According to National Iranian Gas Company’s Managing Director, Hamidreza Araqi, the infrastructure needed for pumping Iran’s natural gas to Iraq will be ready by late April.

The 270-kilometer pipeline stretches from the village of Charmaleh, located in Iran’s western province of Kermanshah, into the town of Naft Shahr on the border with Iraq.

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