Iran is waiting for Iraq to open the necessary accreditation to begin equipping gas



23/10/2016 (0:01 pm) - The number of readings: 123 - Issue (3764)


Baghdad / term

It announced the National Iranian Gas Company NIGC, on Saturday, ready to start exporting gas to Iraq as soon as you open the project's credit Baghdad, indicating that Baghdad is currently negotiating with international banks to be able to open the required accreditation.

He said the managing director of the company Hamid Reza Iraqi, told media followed up the "long", said that "Iran is fully ready to start exporting gas to Iraq as soon as the opening credit Baghdad wrote for the project pipeline."

Iraqi and added that "the Iraqis are currently negotiating with international banks that could enable them to open a Letter of Credit for the project," adding that "Iran will be ready to supply Iraq with gas soon be able to open the credit."

Managing Director of National Iranian Gas Company, he said that "Iran has extended a hundred km long pipeline in a project to transport gas between the two countries," noting that "the project will be transferred five million cubic meters of gas per day to Iraq as a first stage."

The National Gas Company of Iran, announced (15 August 2016), Astaadadaha power station in Baghdad processing seven million cubic meters per day through September 2016, indicating that the second line will start pumping gas to Basra during the next 2017, including raising exported to Iraq amounts to seventy million cubic meters per day, while an economist stressed that the Iranians are looking for "the growing market for the disposal of their production" of gas.

It is noteworthy that Iraq and Iran have signed, in August 2013, the standing six-year agreement provides for the import of Iraq's seven million cubic meters of Iranian gas per day, this figure rises gradually until it reaches 25 million cubic meters two years later, so take advantage of it to feed two power plants in Baghdad and a third in Diyala, with a line length of 270 km, extending from fields (Pars) Iranian South all the way to Iraq.

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