First Published: 2013-02-19

 

Iraq gives green light to gas pipeline deal with Iran, Syria

 

Cabinet statement says Oil has been instructed to sign deal, by which Iranian natural gas could be delivered in future to Europe as well.

 

Middle East Online

Construction of pipelines could take 3 to 5 years

BAGHDAD - Iraq on Tuesday gave the go-ahead for a framework agreement to be signed for the construction of pipelines through Iraqi territory that would deliver Iranian gas to Syria.

A cabinet statement said that Oil Minister Abdelkarim al-Luaybi had been instructed to sign the deal, by which Iranian natural gas could be delivered in the future to Europe as well.

In July last year, Iran, Iraq and Syria inked a memorandum of understanding for the gas pipelines, with Tehran saying that the total cost of the project would be about $10 billion.

The construction of pipelines stretching for several thousand kilometres (miles) "should take three to five years once funding is secured," Iran's deputy oil minister Javad Ouji said at the time.

Ouji said in July that the project calls for the construction of a 56-inch (142 centimetre) pipeline with a capacity of 110 million cubic metres a day, connecting southern Iranian port of Assalouyeh to Iraq and then to Syria, with the possibility of extending to Lebanon and Europe.

Iraq should initially receive about 20 million cubic metres a day for its power plants, and Syria between 20 and 25 million cubic metres a day, he said.

Iran has the second largest proven gas reserves in the world after Russia.

It currently consumes almost all of the approximately 600 million cubic metres (21.8 trillion cubic feet) per day of gas production, but hopes to double its output and export some 250 million cubic metres per day to its neighbours and to Europe from 2015 through developing a giant offshore gas field in the Gulf, which it shares with Qatar.

 

Saudi mosque attack intended to fan sectarian tension

Israeli deputy FM: 'All of it is ours'

Obama offers Tunisia closer security ties

IS fighters attack Iraq forces east of Ramadi

Israel solicits Platini to sway FIFA

Sudan's Islamists protest against el-Sisi

Islamic State claims Saudi mosque bombing

Islamic State reinforces ‘caliphate’ with control of borders

Iraqi forces to launch Ramadi offensive

Tunis asks Rome to extradite terror suspect

Suicide bomb attack on Saudi Shiite mosque

Saudi-led coalition warplanes pound Sanaa outskirts

Shebab gunmen raid Kenya village

Kuwait businessman Khorafi dies at 75

Yemen air strikes continue as Iran calls for talks

Israeli court orders release of Khalida Jarrar

Netanyahu meets with Arab leader Ayman Odeh

U.S. sanctions two companies linked to Iran's plane purchases

Iran supports Yemen talks, denounces foreign interference

IS militants call for attacks on Egypt's judges

11 killed in fresh Libya violence

Assad regime losses in Syria

Obama looks to bolster Tunisia's democratic gains

Turkey opposition unveils plan to build new 'mega-city' in Anatolia

Iraqi prime minister seeks Russian support against Islamic State

Iraq's Sunni tribes feel distrust towards Baghdad after Ramadi fall

Morocco illegal migrant arrest fuels Italy row

Qatar ‘failing to deliver’ on promised labour reforms

US to sell bombs, missiles to Israel, helicopters to Saudis

IS jihadists in full control of Syria's Palmyra

Yemen government wants rebel pullback before joining Geneva talks

Morocco King names four new ministers in second reshuffle

Gaza reconstruction going ‘far more slowly than expected’

France kills two jihadist chiefs in Sahel region

Clashes with ‘Islamic State’ rage on near Libya city of Sirte

Protests in Tunisia phosphate-producing region intensify

Iran aid ship to dock in Djibouti for inspection

Israel to face FIFA suspension bid

Letters of Bin Laden reveal accurate fear of surveillance

Yemen talks to open May 28 in Geneva

‘Islamic State’ fighters take control of Palmyra northern sector

Palestinian driver shot by Israeli police

New Egypt justice minister sworn in after judge's gaffe

IS, Syria regime locked in fierce battles near Palmyra

Rajoub: Conditions not ready for Israel-Palestine "match for peace"