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.

 

Allies tolerate Turkey's double game to boost IS fight

Syria army, Kurds oust IS from Hasakeh city

Israel committed war crimes on 'Black Friday'

Israel PM approves 300 settler homes in occupied West Bank

Egypt's gift to the world: Suez Canal Axis

New sexist gaffe of Turkish deputy PM: 'As a woman, be quiet!

UN envoy invites Syrians to ‘thematic’ talks

Pentagon to worried lawmakers: We will remain vigilant on Iran

Hamas calls for revolt against Palestinian Authority

ISIS claims deadly car bomb in Yemen capital

Somalia ‘making progress’ despite insecurity and election delay

Germany, Iraqi Kurds say Turkey should resume peace process

Syria skeptical about Turkey's intentions in fight against ISIS

Somalia indentifies hotel bomber as former German resident

US gets formal approval to use Incirlik air base in Turkey

Saudi policeman killed, 2 injured in attack

Jordan jails 8 for "plotting a terrorist act"

Israeli strike on Syrian town kills 5 pro-regime fighters

Yemen orders militia to merge with army

Erdogan heads for China for talks

France seeks to revive ties with Iran

Yemen truce has failed to take hold

Iran urged to free Washington Post journalist

UN aid chief calls for greater Syria access

Rebels gain ground near Syrian regime heartland

Cairo furniture factory fire kills 25

Javad Zarif has 'no concern' about nuclear deal

Somalia unable to hold full elections in 2016

Kuwait sentences 4 Egyptians to death for murder

Two Bahrain police killed in 'terror' attack

Turkish sergeant shot dead by Kurdish militant

Libyan court sentences Kadhafi son to death in absentia

Netanyahu: Iran a 'formidable' danger to Europe

Iran's conservative media slams French FM over export of tainted blood

Air raids and clashes shatter Yemen truce

Syrian army, Kurds push IS out of Hasakeh

NATO stands with Turkey in face of 'terrorism'

Mogherini due in Iran for nuclear deal talks

Erdogan: No peace process with Kurds amid attacks

Saudi FM denounces 'aggressive' Iran statements

Two suspected jihadists in Cairo raid

Saudi king supports Turkish military action

Morocco media boss to pay defamation damages for transport minister

Abbas vs. Dahlan: Rumblings in Ramallah raise questions on Palestinian politics

Iraq Shiite chief sees no change in Turkey stance on IS