Tag Archives | NIGC

Private Sector Cash to Pump Iranian Gas to Iraq

The pipeline to carry gas to Iran’s western and northwestern regions as well as exporting it to neighboring Iraq will start soon with BOT (Build-Operate-Transfer) financing from Bank Pasargad, the bank’s CEO has said. “We have increased our investment for the development of oil, gas, refining, and petrochemical industries. The contract to finance the Iraq […]

Iran starts Testing Iraq Gas Pipeline

By John Lee. Iran's PressTV reports that preliminary tests have been carried out over 50 kilometers of the final stretch of the pipeline from Assaluyeh, near Iran's offshore South Pars oil and gas field, to Iraq. A spokesman for the National Iranian Gas Company (NIGC) said the next test will be carried out over the […]

Iran could Supply Gas to Kuwait via Iraq

By John Lee. The managing director of the National Iranian Gas Company (NIGC) has said it is possible for Iran to export natural gas to Kuwait through Iraq. Hamid Reza Araqi was quoted as saying that the pipeline which is being built to export gas to Iraq could be used for this purpose also. Iran […]

Iraq to Start Importing Gas from Iran in May

By John Lee. A director of the National Iranian Gas Company (NIGC) has said that Iran plans to begin supplying natural gas to Iraq on a regular basis by May of this year. Azizollah Ramezani said about six to seven kilometers of the pipeline has yet to be laid on the Iraqi side of the […]

Iran to gain $1.5-$2m/day from Gas to Iraq

By John Lee. Iranian deputy oil minister Javad Owji [Ouji, Oji] (pictured) says the country’s revenues from the planned export of natural gas to Iraq will reach $1.5-$2 million a day. According to a report from PressTV, he went on to say that Iran will start delivering gas to its western neighbour within three months. […]

Iran may Build Gas Pipeline in Iraq

The Tehran Times reports that Iraqi officials have expressed interest in using experts from Iran to build a section of a natural gas pipeline on their side of the border. Javad Oji, managing director of the National Iranian Gas Company, said talks with Iraqi officials in Baghdad resulted in agreements between the countries to move […]