New Contract to Import Iranian Gas

By John Lee.

Tehran Times reports that Iraq is set to sign a new contract covering gas imports from Iran.

Deputy prime minister Hussain al-Shahristani (pictured) said a gas pipeline being built between Iran and Iraq could become operational in November.

The countries signed a four-year agreement in July for the supply of 850,000 Mcf/d of Iranian gas to Iraq's Mansuriya power plant in Diyala province and the Quds and Sadr plants in Baghdad province.

"These are short-term contracts just to give us time to run new power stations on gas till other oil production is increased to a point where we have sufficient associated gas to be used for domestic needs," Shahristani said.

He added that Iraq could begin exporting gas after 2018.

(Source: Tehran Times)

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