A memorandum of understanding signed with Iraqi officials calls for the import of as much as 300 million cubic feet (8.6 million cubic meters) of gas per day from Iran, an Iranian director said.
Javad Oji, a managing director at the National Iranian Gas Co (NIGC), said an Iranian delegation traveled to Iraq at the weekend to sign preliminary arrangements for Iranian natural gas exports through Iraq, the Iranian Oil Ministry's Petroenergy Information Network reports.
The director said the deal on the table includes the delivery of as much as 300 million cubic feet of gas per day for a period of five to seven years.
Both sides agreed to form technical, financial and legal working groups to hammer out the details of a final contract.
Delegates at the talks discussed the possibility of shipping Iranian gas to Europe through gas transit networks in Syria, he added.
Iran would most likely pump its gas to Iraq via two pipelines that cross the border at Dehloran and Khorramshahr.
Iran is pushing ahead with plans to build a natural gas pipeline to Pakistan. The country, which holds some of the largest natural gas deposits in the world, has also petitioned for a role in the Nabucco pipeline to Europe. Western supporters of the project ruled out that possibility, however.
(Sources: UPI, MEED, Tehran Times)