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    Iran’s NIGC Confirms It Will Export 4 Million Cubic Meters per Day to Iraq

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Summary

Iran’s NIGC said it wants to speed up the second part of the project and increase the volume of gas exports to Iraq.

by: Sergio

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Natural Gas & LNG News, News By Country, , Iran, Iraq

Iran’s NIGC Confirms It Will Export 4 Million Cubic Meters per Day to Iraq

While announcing the completion of the first leg of its gas pipeline from South Pars gas field to Dehgolan, Iran’s NIGC said it wants to speed up the second part of the project and increase the volume of gas exports to Iraq

‘Construction of the second part of IGAT_6 will speed up with the aim of facilitating gas transfer to Iraq,’ managing director of the National Iranian Gas Company (NIGC), Hamidreza Araqi said in a note. 

Araqi visited the site of the operations, announcing that Assaluyeh and Ahvza are now connected by the first part of the pipeline. 

‘Araqi noted that NIGC has decided to step up construction of the second part of the pipeline, with 600 km length, from Ahvza to Dehgolan by injecting new financial resources.’ 

The company also said it will start gas exports to Iraq with 4 million cubic meters per day (MMcm/d) in the first phase. It plans to raise the volume gradually.

Earlier this year, Teheran committed to increase its clout on international gas markets, expecting exports to Iraq by April 2015 and imminent investments to strengthen ties with Europe. Iran said it could export up to 30 bcm of gas per year to the Old Continent.