Iran considering gas exports to Iraq

Iran is considering an Iraqi request to import Iranian natural gas, as the two countries set a joint commission to raise cooperation in the gas sector.

“Subsequent to two-day talks between gas officials from both Iran and Iraq, a general agreement was reached on exporting Iran’s natural gas to Iraq,” Mehr News Agency quoted Iran’s Deputy Oil Minister Javad Oji as saying.

Oji said that a common working group has been set to facilitate the signing of a gas deal between Iran and Iraq.

The two sides discussed the transit of Iran’s natural gas to Europe via Iraq and Syria, he added.

Oji went on to say that Iran was ready to export natural gas to Iraq in two phases, with 7-8 million cubic meters and 12 million cubic meters in the first and second phases respectively.

Iran has the world’s second largest natural gas reserves after Russia.