Iran finally starts gas exports to Iraq

24 June, 2017
Source: Reuters

Iran has begun exporting gas to Iraq, an Iranian official told the state-run Islamic Republic News Agency (IRNA) on Wednesday, after a several years of delays.

The neighbors, both members of the Organization of the Petroleum Exporting Countries, initially signed a deal in 2013 for Iran to supply Iraqi power stations, but officials in the past blamed poor security in Iraq for hampering implementation.

Exports has started at approximately 7 mcm/d and would eventually reach up to 35 mcm/d, Amir Hossein Zamaninia, the deputy oil minister for trade and international affairs, told IRNA.

Iran signed two contracts to export gas, one for the Iraqi capital Baghdad and the other for southern Iraqi city of Basra, IRNA reported.

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