Iran, Iraq and Syria to sign paper on pipeline construction
TEHRAN – In the coming days, Iran, Iraq and Syria will sign a document on the construction of a gas pipeline. The document will be signed with the participation of oil ministers of the three countries, said the deputy oil minister of Iran, executive director of the National Gas Company Javad Odji, the Iranian SHANA news agency reported.
Last week, Baghdad hosted discussions between officials from Iran, Syria and Iraq regarding the construction of gas pipeline and gas transportation, said Odji.
He said under the agreement, the gas produced as part of the South Pars project, will be transported through the three countries to Lebanon, the Mediterranean countries and Europe.
"For this, a 5,600 kilometers gas pipeline will be built. The daily pumping capacity of the pipeline will be 110 million cubic meters," said Odji.
According to him, $5 to $6 billion will be spent on the construction of this pipeline.
"Negotiations are conducted with a foreign company to invest in the construction of the gas pipeline. An agreement will be signed with this company in the coming days," said Odji.
South Pars project consists of 28 phases, and currently work is conducted on the ten phases.
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