Baku, Azerbaijan, July 25
By Khalid Kazimov – Trend:
Iran will start exporting gas to Iraq within the coming weeks, an Iranian gas official said.
“Exporting Iran’s gas to Iraq will be launched within the current [Iranian] month of Mordad [July 22- August 21],” Fars news agency quoted Azizollah Ramezani, the National Iranian Gas Company (NIGC)'s director for international affairs, as saying at a press conference in Tehran.
He further voiced plans for exporting at least 65 billion cubic meters of gas per year.
OPEC reports suggest that Iran imported 9 bcm and exported 8.4 bcm of gas in 2015.
According to Ramazani the latest figures show that Iran’s gas trade surplus for a period of four months, turned positive.
Under an existing contract, Iran is expected to export 25 million cubic meters (mcm) of gas to Iraq per day.
The two neighboring countries also have agreed on a deal for exporting 25 mcm of gas to Iraq’s Basra. However, no pipelines have been laid so far for exporting gas to Basra City.
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