Zawya: Iraq to buy 850 million cubic feet a day Iranian gas

Under the four-year deal signed in Baghdad Sunday night, Baghdad will buy some 850 million cubic feet a day of Iranian natural gas at international prices to feed two power plants in a northeastern suburb of Baghdad to generate 2,500 megawatts, said Mussab al-Mudaris, a spokesman for the Iraqi ministry of electricity.

The gas will be fed through a pipeline that is expected to be completed in two months from now. The pipeline will be crossing Iraq from Iran through Diayla province east of the Iraqi capital Baghdad, Mr. al-Mudaris said.

He said that some 90% of work on the pipeline has been completed.

The deal was signed in Baghdad by Iraqi electricity minister Kareem al-Jumaili and Iranian oil minister Rostam Qasemi, he added.  MORE