Iran Announces $450m Gas Pipeline to Iraq

Iran’s PressTV reports that the country’s Gas Engineering and Development Company is planning to build a gas pipeline to export gas to Iraq.

Ali-Reza Gharibi, the Managing Director of company, said on Friday that “the 48-inch gas pipeline to Iraq, which will run for 220 kilometers, will be a branch of Iran’s sixth national gas pipeline”.

He went on to say that building the pipeline will begin as soon as a new gas deal is signed between Iran and Iraq.

The $450m project will be built by Iranian contractors, and will carry 25 million cubic meters per day of Iranian natural gas to Iraq.

(Source: PressTV)

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