ID :
183791
Mon, 05/23/2011 - 11:25
Auther :

Iran, Iraq Ink Agreement on Gas Supply

TEHRAN (FNA)- Iran signed an agreement on supplying a daily volume of 25mln cubic meters of natural gas to Iraq.
An Iraqi Power Ministry spokesman said on Sunday that the initial gas deal signed between the two countries would be valid for five years.

Mosaab Serri noted that Iran will install a pipeline through Iraq to supply the country with the needed natural gas to feed Sadr and al-Quds power plants near Baghdad, generating about 2,500 megawatts of electricity.

The pipeline, which is planned to come on stream within 18 months, will pass the Mansouriya gas field near the Iranian border in the Iraqi province of Diyala.

The agreement needs to be officially ratified by the Iraqi cabinet and parliament.

Iran sits on the world's second-largest natural gas reserves after Russia and has also sought to promote itself as a transit route for oil and gas from Central Asian states.




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