IRAQ TO GET IRAN GAS
Iran will start exporting natural gas supplies to Iraq before the end of the current Iranian year (ends March 19, 2016), says senior energy official according to Islamic Republic News Agency (IRNA).
“Export of Iran's gas to Iraq will happen by transferring 5-7 million cubic meters per day (MCMD),” says Minister Hamid Reza Araqi, Managing Director of National Iranian Gas Company. He says that gas exports to Iraq will increase in the next two years after Iran starts transferring supplies to the neighbouring country via the two pipelines to Baghdad and Basra. Iran has agreed to eventually export 25 MCMD of gas to Iraq. The 270-kilometer pipeline stretches from the village of Charmaleh, located in Iran's western province of Kermanshah, to the town of Naft Shahr on the border with Iraq.The pipeline, which is estimated to earn Iran $3.7 billion (QR13.47 billion) a year in revenues, will be fed by the massive offshore South Pars gas field in southern Iran.