Deputy Oil Minister: Europe Final Destination of Iran's Gas Exports to Iraq

Deputy Oil Minister: Europe Final Destination of Iran's Gas Exports to Iraq ... 17/05/2016 Import-Export

Keywords:#Baghdad, #Basra,, #Europe, #FNA, #Hamidreza_Araqi, #Iran, #Iranian, #Iraq, #Iraqi, #LNG, #Oil_Minister, #Syria, #Syrian, #Tehran

TEHRAN (FNA)- Iranian Deputy Oil Minister Hamidreza Araqi announced on Monday that the country's final goal of exporting gas to Iraq is paving the ground for selling its pipelined gas to Europe via the Syrian soil.
"The final goal of Iran's plans to export gas to Iraq is actually exporting gas to Syria and then to Europe," said Araqi who is also Managing Director of the National Iranian Gas Company (NIGC).
He, meantime, said that Iran's only goal at present is supplying the Baghdad and Basra power plants with gas to generate electricity for the Iraqi people.
Araqi said that negotiations to export Iran's gas to Europe through Syria are still underway, and added that the country's priority to supply Europe with gas is LNG now.
In relevant remarks on Saturday, Araqi said that the infrastructure for exporting Iranian gas to Iraq had been prepared and the first phase of fuel supply to Iraqi power plants will begin in the near future.
Araqi said the Iraqi ministry of power has announced it will receive Iran's natural gas supplies by late-June 2016, adding that an Iraqi delegation visited Tehran earlier this month to sign some complementary instruments with NIGC for receiving the gas.
He said Iran will export up to 25 million cubic meters of gas to the Iraqi city of Basra which will rise to 35 mcm/d in a 4-year period.
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