Arab Today, arab today iran to supply gas to 2 iraqi power plants
Last Updated : GMT 17:11:35
Arab Today, arab today
Arab Today, arab today

Iran to supply gas to 2 Iraqi power plants

Arab Today, arab today

Arab Today, arab today Iran to supply gas to 2 Iraqi power plants

Tehran - FNA

Iranian Oil Minister Rostam Qassemi said Sunday Iran and Iraq are slated to sign an agreement in Baghdad, under which Iran will supply natural gas to Iraq\'s Al-Baghdad and Al-Mansouriyah power plants. The Iranian minister underlined that Tehran would start pumping seven million cubic meters of daily gas to Iraq by the next two months. On Saturday, Managing Director of the National Iranian Gas Company (NIGC) Javad Oji told FNA that “the two countries’ oil ministers will sign a contract on export of Iran’s gas to Iraq tomorrow”. Oji, who is also Iran\'s deputy oil minister, noted that Iran would be exporting 45 million cubic meters a day (mcm/d) of natural gas to its western neighbor. “The country will gain revenues of $10mln per day and $3.7bln per year by exporting gas to Iraq,” Oji added. Earlier this year, Qassemi announced that the country will gain more than $5bln from gas exports to neighboring Iraq. \"By exporting the gas extracted from two phases of the South Pars (gas) field to Iraq, which will begin within the next two months, around $5bln will be added to the country\'s foreign exchange earnings,\" Qassemi said, addressing a conference in Tehran. The Iranian oil minister noted the US-led western sanctions against Iran have strengthened the Iranian contractors so that they are now able to implement mega energy projects. Meantime, he said that Iran attracted more than $24bln investment in the oil industry\'s upstream sector last Iranian year (ended March 20). Late in January, Iranian Oil Ministry Spokesman Alireza Nikzad Rahbar said the country would start exporting natural gas to Iraq by next summer. Nikzad Rahbar added that the Friendship Pipeline project under construction between Iran, Iraq and Syria, is the most important project currently pursued by the ministry. The pipeline will be designed in such a way that it will be able to deliver gas to other Muslim countries like Jordan and Lebanon in the future. The 56-inch pipeline will start from Assaluyeh, near the massive offshore South Pars Gas Field in southern Iran, and will continue into Iraq to feed three Iraqi power plants running on gas. Iran, which sits on the world\'s second largest natural gas reserves after Russia, is making efforts to raise its gas production by increasing foreign and domestic investments, especially in South Pars gas field.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran to supply gas to 2 iraqi power plants Arab Today, arab today iran to supply gas to 2 iraqi power plants

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Hamas leader accuses Israel

GMT 11:43 2017 Tuesday ,28 March

Hamas leader accuses Israel
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 13:21 2017 Tuesday ,28 March

Samsung plans to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday