Iran, Iraq discuss energy ties

Azerbaijan, Baku, Mach 9/ Trend G.Mehdi/

Iranian Oil Minister Rostam Qasemi, heading a 9-member delegation, is in Baghdad, discussing oil, gas and electricity ties with Iraqi officials, the Shana News agency reported.

On Thursday, Qasemi met with Iraqi deputy oil minister Falah al-Ameri. The Iranian minister is scheduled to meet with Iraqi Electricity Minister Abdul Karim Aftan tomorrow.

The oil ministers of Iraq, Iran and Syria signed a preliminary agreement for a $10 billion natural-gas-pipeline deal on July 25, 2011, in Assalouyeh industrial region located in the Southern province of Bushehr.

Iranian oil officials then said Syria would purchase between 20 million to 25 million cubic meters a day of Iranian gas while Iraq had also already signed a deal with Tehran to purchase up to 25 million cubic meters a day to feed its power stations.

The main project, 1,500 km length of piping Assalouyeh gas to Damascus requires $10 billion investment.

The pipeline will transfer a capacity of 110 million cubic meters of natural gas a day to Damascus.

The gas will be produced from the Iranian South Pars gas field in the Persian Gulf, which Iran shares with Qatar, and holds estimated reserves of 16 trillion cubic meters of recoverable gas.

Iranian officials have said that Tehran also aims to extend the pipeline to Lebanon and the Mediterranean to supply gas to Europe.

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