Iraq to Import Natural Gas from Iran

By John Lee.
A spokesman for the Electricity Ministry, Musab al-Mudaris, confirmed on Tuesday that Iraq has signed a deal with Iran to import natural gas for power generation.
Associated Press reports that under the four-year deal, Iraq buy 850 million cubic feet a day of gas at international market prices, but UPI says no financial details were disclosed.
The gas will feed a power plant in Diyala, and two others in the Baghdad, generating 2,500 MW.
Javad Oji [Owji, Ouji] (pictured), managing director of the National Iranian Gas Co, said:
Construction of the 140-mile [long] 48-inch [diameter] gas pipeline is nearing completion and its extension in Iraq territory will also come to an end in the next two months.
(Sources: Associated Press, UPI, Dow Jones)

Source: Iraq-BusinessNews.com.

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