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Publish Date : 07-Nov-2013

Managing-Director of the National Iranian Gas Company (NIGC) Hamid Reza Araqi declared that Iran will begin supplying natural gas to Iraq's Basra power plants in mid-November. "… as per agreements Iran will export 25 million cubic meters a day (mcm/d) of gas to the Basra power plants," Araqi said.

Araqi, who is also Iran's deputy oil minister, underlined that in the first phase 4 mcm/d of gas and in the final phase 25 mcm/d of gas will be exported to Iraq's power stations. Last month, Iraqi Deputy Prime Minister for Energy Affairs Hussain al-Shahristani underlined that his country's energy sector needs Iran's natural gas supplies as the under construction Iran-Iraq gas pipeline project will be operational in November.

"In Iraq, we have signed contracts with Iran to import gas for our power generation stations in the central part of the country. The pipeline that we have already signed for is under construction… it will be ready next month," Shahristani said on the sidelines of the World Energy Congress in the South Korean city of Daegu.

"We are about to sign another contract to import Iranian gas to the South of the country," al-Shahristani said.

Iran and Iraq have entered into an agreement for the construction of a pipeline to carry natural gas from Iran to feed power plants in the southern Iraqi province of Basra. The 56-inch pipeline will begin from Assaluyeh, near the massive offshore South Pars Gas Field in Southern Iran, and will continue into Iraq to feed three Iraqi power plants running on gas.

The pipeline will be designed in such a way that it can deliver gas to other Muslim countries such as Jordan and Lebanon in the future. Iran is making efforts to raise its gas production by increasing foreign and domestic investments, mainly in South Pars gas field.

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