Mobile  |  About us  |  Photos  |  Videos  |  Subscriptions  |  RSS Feeds  |  Today's Paper  |  Classifieds  |  Contact Us
Advanced Search
The Daily Star
THURSDAY, 20 JUN 2013
12:57 AM Beirut time
Weather    
Beirut
25 °C
Blom Index
BLOM
1,150.1up
x
Middle East
Follow this story Print Email this RSS Feed ePaper share this
Iraq greenlights gas pipeline deal with Iran, Syria
Agence France Presse
A view shows a gas facility in Basra, 420 km southeast of Baghdad May 22, 2011. REUTERS/Atef Hassan
A view shows a gas facility in Basra, 420 km southeast of Baghdad May 22, 2011. REUTERS/Atef Hassan
A+ A-

BAGHDAD: Iraq on Tuesday gave the go-ahead for a framework agreement to be signed for the construction of pipelines through Iraqi territory that would deliver Iranian gas to Syria.

A cabinet statement said that Oil Minister Abdelkarim al-Luaybi had been instructed to sign the deal, by which Iranian natural gas could be delivered in the future to Europe as well.

In July last year, Iran, Iraq and Syria inked a memorandum of understanding for the gas pipelines, with Tehran saying that the total cost of the project would be about $10 billion.

The construction of pipelines stretching for several thousand kilometres (miles) "should take three to five years once funding is secured," Iran's deputy oil minister Javad Ouji said at the time.

Ouji said in July that the project calls for the construction of a 56-inch (142 centimetre) pipeline with a capacity of 110 million cubic metres a day, connecting southern Iranian port of Assalouyeh to Iraq and then to Syria, with the possibility of extending to Lebanon and Europe.

Iraq should initially receive about 20 million cubic metres a day for its power plants, and Syria between 20 and 25 million cubic metres a day, he said.

Iran has the second largest proven gas reserves in the world after Russia.

It currently consumes almost all of the approximately 600 million cubic metres (21.8 trillion cubic feet) per day of gas production, but hopes to double its output and export some 250 million cubic metres per day to its neighbours and to Europe from 2015 through developing a giant offshore gas field in the Gulf, which it shares with Qatar.

 
Home Middle East
 
     
 
Iraq
Advertisement
Around the Web
Comments  

Your feedback is important to us!

We invite all our readers to share with us their views and comments about this article.

Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.

comments powered by Disqus
Story Summary
Iraq on Tuesday gave the go-ahead for a framework agreement to be signed for the construction of pipelines through Iraqi territory that would deliver Iranian gas to Syria.

Ouji said in July that the project calls for the construction of a 56-inch (142 centimetre) pipeline with a capacity of 110 million cubic metres a day, connecting southern Iranian port of Assalouyeh to Iraq and then to Syria, with the possibility of extending to Lebanon and Europe.
Related Articles
 
 
Iraq, Shell officially kick off major gas project
 
 
Iraq starts test pumping on pipeline after bomb: official
 
 
Iraq says captures Al-Qaeda chemical gas team
Entities
Advertisement
Advertisement
Follow us on Facebook Follow us on Twitter Follow us on Linked In Follow us on Google+ Subscribe to our Live Feed
Multimedia
Images  
Sidon Clashes- in pictures
The Lebanese Army deployed Tuesday in Abra, an eastern suburb of the southern city of Sidon, after clashes between supporters of Sheikh Ahmad Assir and the Resistance Brigades, a pro-Hezbollah group, that claimed the life of one resident.
View all view all
Advertisement
Rami G. Khouri
Rami G. Khouri
Lessons I learned along Edgware Road
Michael Young
Michael Young
Russia may lose its strong Syria card
David Ignatius
David Ignatius
Barack Obama is not after a military defeat of Bashar Assad
View all view all
Advertisement
cartoon
 
Click to View Articles
 
 
News
Business
Opinion
Sports
Culture
Technology
Entertainment
Privacy Policy | Anti-Spamming Policy | Disclaimer | Copyright Notice
© 2013 The Daily Star - All Rights Reserved - Designed and Developed By IDS