Alshawi1234
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-Iraq's gas production is still under developement by SHELL and production won't meet domestic deman until a couple years.
-Iranian gas is probably the cheapest in the world so Iraq will keep importing even after developing its own gas, while selling Iraq's gas at a higher price.
- Iraq needs the Gas desperately to run all the new power stations that are now close to completion. Power supply is extremely important for the development in Iraq, especially with dozens of foreign companies investing in Iraq.
Iran to Start Gas Exports to Iraq Soon Minister
DUBAI, March 10 (RIA Novosti) Iran will start exporting gas to Iraq within the next three months, Iranian Oil Minister Rostam Qasemi said on Sunday.
Qasemi, who met with his Iraqi counterpart Abdul Kareem al-Luaibi in Baghdad, said the agreement on Iranian gas supplies to Iraq had reached the stage of final signing.
The launch of gas exports will proceed by stages, First, gas will start to be supplied to Baghdad and then, within another three months, to Basra, official news agency IRNA quoted Qasemi as saying.
Iraq is expected to consume about 20-25 million cubic meters of Iranian gas per day.
Iran, which has the world's second largest natural gas reserves after Russia, is also close to signing an agreement on gas supplies to Syria via Iraq, Qasemi said.
The signing of this agreement will take place in Tehran with the participation of representatives from the three countries, the Iranian oil minister said.
Iran to Start Gas Exports to Iraq Soon
A 1460 megawatt power station under construction in Basrah.
-Iraq's gas production is still under developement by SHELL and production won't meet domestic deman until a couple years.
-Iranian gas is probably the cheapest in the world so Iraq will keep importing even after developing its own gas, while selling Iraq's gas at a higher price.
- Iraq needs the Gas desperately to run all the new power stations that are now close to completion. Power supply is extremely important for the development in Iraq, especially with dozens of foreign companies investing in Iraq.
Iran to Start Gas Exports to Iraq Soon Minister
DUBAI, March 10 (RIA Novosti) Iran will start exporting gas to Iraq within the next three months, Iranian Oil Minister Rostam Qasemi said on Sunday.
Qasemi, who met with his Iraqi counterpart Abdul Kareem al-Luaibi in Baghdad, said the agreement on Iranian gas supplies to Iraq had reached the stage of final signing.
The launch of gas exports will proceed by stages, First, gas will start to be supplied to Baghdad and then, within another three months, to Basra, official news agency IRNA quoted Qasemi as saying.
Iraq is expected to consume about 20-25 million cubic meters of Iranian gas per day.
Iran, which has the world's second largest natural gas reserves after Russia, is also close to signing an agreement on gas supplies to Syria via Iraq, Qasemi said.
The signing of this agreement will take place in Tehran with the participation of representatives from the three countries, the Iranian oil minister said.
Iran to Start Gas Exports to Iraq Soon
A 1460 megawatt power station under construction in Basrah.
