ID :
181389
Wed, 05/11/2011 - 10:25
Auther :
Shortlink :
https://oananews.org//node/181389
The shortlink copeid
Iraq, Syria Eager for Cooperation with Iran in Building Joint Gas Pipeline
TEHRAN,May 11 (FNA)- Senior Iranian oil officials informed that Tehran, Baghdad and Syria are due to sign a tripartite agreement on the construction of a pipeline to transfer Iran's rich gas resources to Europe.
Iranian Deputy Oil Minister Javad Oji said oil and energy ministers of Iran, Iraq and Syria would soon sign a memorandum of understanding on the gas transit deal.
"The first official agreement on the export and transit of (natural) gas is now ready to be signed between Iran, Iraq and Syria," Oji said.
He said under the deal, natural gas produced in Iran's South Pars oil and gas field will be pumped through Iran, Iraq and Syria to Lebanon and the Mediterranean Sea before reaching Europe.
The construction of the 5,600- kilometer (3,480-mile) pipeline is projected to cost USD 5-6 billion, he added.
Oji said the pipeline will ultimately have the capacity to pump 110 million cubic meters of natural gas per day.
A Syrian official had earlier announced that Baghdad and Damascus are prepared to cooperate with Iran to build a joint pipeline to transfer Iran's gas supplies to Syria and other Arab states.
Syria's oil minister said that Iran will connect to the Arab Gas Pipeline via Syria and Iraq, which will open a route for the export of Iranian natural gas to Egypt.
"Tehran, Baghdad and Damascus have held talks on the establishment of a 2,000-kilometer (1,242-mile) gas line from Iran to Syria," Sufian Alao said on Wednesday.
Alao added that 700km of the pipeline runs within the Iranian borders before it stretches another 900km across Iraq with the remaining 400km expanding via the Syrian soil.
"The pipeline in question will meet the needed gas in Iraq and Syria and will facilitate Iranian gas exports to Turkey, Jordan, Lebanon and Egypt through the Arab Gas Pipeline," the Syrian official added.
Alao also highlighted Iran's involvement in the establishment of a joint Syrian-Venezuelan refinery in Alfrekls in the Syrian governorate of Homs.
Iran owns 26 percent of the Alfrekls refinery, which has the capacity of producing 140,000 barrels of oil per day.
The Syrian oil minister said Iran could increase its share of investment in the 4-billion-dollar project which would be a significant step in the expansion of cooperation between the countries in the field of energy.
Iran has the world's second-largest reserves of natural gas (15% of the world's total).
Iran possesses roughly 10 percent of the world's total proven petroleum reserves as well.
Iranian Deputy Oil Minister Javad Oji said oil and energy ministers of Iran, Iraq and Syria would soon sign a memorandum of understanding on the gas transit deal.
"The first official agreement on the export and transit of (natural) gas is now ready to be signed between Iran, Iraq and Syria," Oji said.
He said under the deal, natural gas produced in Iran's South Pars oil and gas field will be pumped through Iran, Iraq and Syria to Lebanon and the Mediterranean Sea before reaching Europe.
The construction of the 5,600- kilometer (3,480-mile) pipeline is projected to cost USD 5-6 billion, he added.
Oji said the pipeline will ultimately have the capacity to pump 110 million cubic meters of natural gas per day.
A Syrian official had earlier announced that Baghdad and Damascus are prepared to cooperate with Iran to build a joint pipeline to transfer Iran's gas supplies to Syria and other Arab states.
Syria's oil minister said that Iran will connect to the Arab Gas Pipeline via Syria and Iraq, which will open a route for the export of Iranian natural gas to Egypt.
"Tehran, Baghdad and Damascus have held talks on the establishment of a 2,000-kilometer (1,242-mile) gas line from Iran to Syria," Sufian Alao said on Wednesday.
Alao added that 700km of the pipeline runs within the Iranian borders before it stretches another 900km across Iraq with the remaining 400km expanding via the Syrian soil.
"The pipeline in question will meet the needed gas in Iraq and Syria and will facilitate Iranian gas exports to Turkey, Jordan, Lebanon and Egypt through the Arab Gas Pipeline," the Syrian official added.
Alao also highlighted Iran's involvement in the establishment of a joint Syrian-Venezuelan refinery in Alfrekls in the Syrian governorate of Homs.
Iran owns 26 percent of the Alfrekls refinery, which has the capacity of producing 140,000 barrels of oil per day.
The Syrian oil minister said Iran could increase its share of investment in the 4-billion-dollar project which would be a significant step in the expansion of cooperation between the countries in the field of energy.
Iran has the world's second-largest reserves of natural gas (15% of the world's total).
Iran possesses roughly 10 percent of the world's total proven petroleum reserves as well.
