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Iran Iraq Sign $365M Gas Pipeline Deal

Source: Moj News

Iran-Iraq gas pipeline Iran Signed a contract worth $365 million with Iraqi electricity ministry to build a gas pipeline to supply Iraqi power plants with Iranian gas, according to Iraqi government's spokesman.

Musaab Al Mudaris, Iraqi electricity ministry's spokesman said that a contract has been signed with an Iranian private company for the construction of a pipeline that would carry some 25 million cubic feet of Iranian gas a day to Iraqi power plants.

The gas would be enough to generate some 2,500 megawatts of power for the war torn energy lacking Iraq.

The pipeline will pass through Iraq's Mansouriyah gas field, near the Iranian border in the restive Diyala province and will feed three power plants; one in Sadr City in northern Baghdad and the other two in the northern and southern outskirts of the capital. The pipeline will be 130 kilometers long and 48 inches in diameter.

The contract also illustrates the closer ties that have developed between Iran and Iraq.

... Payvand News - 07/03/11 ... --

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