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Iran unveils latest progress in gas export to Iraq

Business Materials 1 July 2016 18:48 (UTC +04:00)

Baku, Azerbaijan, July 1

By Emil Ilgar – Trend:

The gas route selection process for delivering Iranian gas to Iraqi city of Basra is developing at a high pace, Hassan Montazer Torbati, managing director at Iranian Gas Engineering and Development Company, told SHANA July 1.

He said that after completion of gas route selection, the construction of pipeline would start.

“A branch from the sixth cross-country pipeline will deliver gas to Basra through Iran’s Khorramshahr. According to the six-year contract, Iran will deliver 25 million cubic meters of gas per day to Basra in warm months, while in the cold seasons the figure will increase to 35 million cubic meters per day,” he said.

Montazer Torbati added that gas delivery to Basra will start in two years.

He said Iran will export a total of 40 billion cubic meters of gas to Basra, based on the agreement signed in 2015.

Touching upon another agreement with Iraq to export 25 million cubic meters of gas per day to Baghdad, Montazer Torbati said Iran is waiting for Iraqi government’s preparation for receiving that volume of gas.

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