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    Iran Could Export Gas to Kuwait Via Iraq

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Summary

Iran is open to exporting natural gas to Kuwait via Iraq, according to a senior energy official.

by: shardul

Posted in:

Asia/Oceania

Iran Could Export Gas to Kuwait Via Iraq

Iran is open to exporting natural gas to Kuwait via Iraq, according to a senior energy official.

“It is possible for Iran to export natural gas to Kuwait through Iraq and this can take place if a contract for gas exports is signed between Iran and Kuwait,”managing director of the National Iranian Gas Company (NIGC) Hamid Reza Araqi was quoted by Shana news agency as saying.

Iranian gas could be transported to Kuwait via the pipeline which is being built to export gas to Iraq.

On Friday, managing director of the National Iranian Gas Export Company (NIGEC) Ali Reza Kameli told reporters that Iran is ready to start exporting natural gas to Iraq within a month.

Gas exports to Baghdad will start at 4 million cubic meters per day and can be increased to 35 cubic meters per day in future.

Iran is also expected to sign a second export deal with Iraq under which Iranian gas will be supplied to the city of Basra.

Initially gas exports to Basra will start from 5 million cubic meters per day and will reach 30 million cubic meters, a year after an agreement is finalized.