Hamid Reza Araghi explained Iran’s new program to increase gas exports adding “the final negotiations with Oman are being undertaken in order to sign a gas contract, which will be operated in Jask terminal.”
Deputy oil minister noted the formation of a 48-inch split from the Peace Pipeline to Jask terminal and said “after the construction of land pipelines, the rest of the route will be created in the Persian Gulf and gas will be transferred to Oman.”
Managing director of National Iranian Gas Company (NIGC) stressed that NIGC has been put in charge of constructing the gas pipeline on the land asserting “upon reaching a final agreement and signing of a contract, the gas transfer to the Arabian country will commence.”
The official further discussed the timing of new gas exports to Iraq; “currently, some contracts have been signed to export gas to Iraq via Baghdad and Basra routes,” he explained.
Highlighting Iraq’s recent request to Import gas from Iran in the form of LNG shipments, he continued “it is possible to transfer LNG to Basra via the sea route which makes it possible to export gas to Iraq both through pipeline and LNG.”
Araghi announced that the export of natural gas from Iran to Iraq will start at the beginning of the next Iranian year adding “currently, the construction of pipelines and facilities to deliver gas to Iraq have become operational.”
Deputy oil minister maintained that the daily volume of gas exports to Iraq will be seven million cubic meters for the first stage; “the amount of gas supplies to the neighboring country can eventually reach up to 25 million cubic meters per day.”
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