Pipeline to feed Iraq with Iranian gas
Iraqi deputy minister confirms deal was reached during recent Baghdad meets to ship Iranian gas into Iraq and then to Syria, likely Europe next.
Iraqi Southern Oil Company engineers look towards the natural gas flares in the Zubair oil field in southern Iraq on January 21, 2010. (ESSAM AL-SUDANI/AFP/Getty Images)
BAGHDAD - High-level meetings between Iranian and Iraqi energy officials, held in Baghdad two weeks ago, resulted in a near-final agreement to build a gas pipeline into Iraq.
The deal will help fuel Iraq’s growing electricity sector, which has faltered under increasing demand, antiquated infrastructure, and an insufficient supply of natural gas. It’s also a diplomatic win for Iran, as the multi-million dollar pipeline will help solidify an economic link with its neighbors.
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