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On: Thursday 28/7/2011 8:16
Wall Street Journal
reported the Iranian news agency (IRNA) and other Iranian media that the oil ministers of both Iraq and Iran and Syria have signed a preliminary agreement Monday to deal pipeline natural gas worth ten billion dollars. And this agreement was signed in the Asaloya located in the southern province of Bushehr by the Iranian Oil Minister Mohammad Ali Abadi and Iraqi Oil Minister Abdul Karim and coffee and Syrian counterpart Sufian altitude.
And Iraqi oil officials confirmed that the flaw was in Iran to sign the agreement and did not give further details. The Iranian officials and they said that Syria will buy between 20 to 25 million cubic meters of Iranian gas per day. And Iraq had already signed a deal with Tehran to buy 25 cubic meters per day to feed the power stations in Iraq.
and the agency said that the project requires an investment of $ 10 billion and will be created during a period of three years. The length of the pipeline more than 1500 km and extends from Asaloya to Damascus, via Iraq, with the energy transfer of 110 million cubic meters of natural gas per day.
will be the production of gas from South Pars gas field in Iran, the joint between Iran and Qatar, and the reality on the Gulf and has reserves estimated at sixteen trillion cubic meters of gas.
Iranian officials have said that Iran produces 600 million cubic meters of gas per day, of which 37 million cubic meters intended for export. Tehran also aims to expand the pipeline going to the Lebanon and the Mediterranean to supply Europe with gas. Which will move gas through Iraq and Syria and Lebanon to the Mediterranean Sea to the ultimate goal in Europe.
The newspaper Morning Star that Iran is trying to get closer to its allies in the region such as Iraq and Syria to export its gas after the withdrawal of Western companies from Iran's energy sector profitable due to conflict International about Tehran's nuclear program which the West believes that the United States and aims to produce nuclear bombs. It also said the deal will provide Syria with gas as it lacks the oil resources and gas, such as those owned by members of OPEC, Iran and Iraq.
and now Iran is subject to Western sanctions over its nuclear program for civilian purposes, which makes a lot of transnational corporations under the hand and the fear business investment despite the abundance of oil reserves and gas. Iran is the second largest oil exporter in OPEC, at 137 billion barrels of crude oil, and the second largest gas reserves in the world at 28 trillion cubic meters.
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