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Inauguration of Iran’s gas pipeline to Iraq delayed‎

Business Materials 25 January 2017 12:40 (UTC +04:00)

Baku, Azerbaijan, Jan. 25

By Fatih Karimov – Trend:

Iran’s gas pipeline to Iraq, which was planned to be inaugurated on Jan. 23, will be inaugurated next week, Hassan Montazer Torbati, managing director of the Iranian Gas Engineering and Development Company, ‎said.

He said that the first phase of the gas pipeline, which is a section of sixth cross-country gas pipline, is fully completed and gas transfer has been carried out till border with Iraq, Mehr news agency reported Jan. 25.

Iran is ready to export gas to the neighboring country, whenever Iraq is ready, he said.

The gas pipeline will carry 7 million cubic meters per day off Iran’s gas to Iraq’s Baghdad at the first phase and is scheduled to reach the highest level envisaged in the contract after 21 months.

As such, in warm seasons 35 and in cold ones 25 million cubic meters of natural gas will be deployed to Baghdad region yielding an aggregate total of 10 billion cubic meters per year.

Elsewhere in his remarks Montazer Torbati said that construction of the second gas pipeline, which will transfer Iran’s gas to Iraqi southern city of Basra has started under a BOT (Build–operate–transfer) contract.

It is planed that the pipeline, which starts from Iran’s Khorramshahr city, would be completed by March 2017, Montazer Torbati said, adding that the pipeline will be capable to carry 5 million cubic meters of gas to Iraq’s Basra in a daily basis in its first phase.

The figure will reach 30 million cubic meters per day in the second phase, he said.

The deal for gas exports to Basra was inked in 2015 as the second oil sale agreement to Iraq according to which 25 million cubic meters of natural gas will be exported to the Iraqi region.

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