Azernews.Az

By Sara Rajabova

The Iranian government plans to sign more gas export deals with its neighbors.

Iran's Oil Minister Bijan Namdar Zanganeh said the country is about to sign a second gas deal with Iraq, Press TV reported.

However, he did not disclose the details of the new gas deal with Iraq.

Zanganeh said that the government is also seeking to sign deals for gas exports to Oman and the United Arab Emirates (UAE).

Earlier this month, Iraq's deputy prime minister for energy Hussain al-Shahristani said his country plans to finalize a new contract with Iran on the import of natural gas.

Iran signed an agreement with Iraq in July to deliver natural gas to its western neighbor.

According to the agreement, 25 million cubic meters of gas will be delivered to the power plants in Sadr, Baghdad, and al-Mansouryah through a 270 km (167 mile) pipeline which is estimated to earn Iran $3.7 billion a year in revenue.

Meanwhile, a pipeline which will carry Iran's natural gas to Oman is expected to be completed next year.

In August, Iran and Oman signed an agreement on the export of Iranian gas to the Persian Gulf state.

Under the contract which is worth more than $ 60 billion, Iran will be delivering gas to Oman for 25 years.

Also, Turkish Energy Minister Taner Yildiz said that Turkey is still willing to continue its cooperation with Iran in the field of energy.

Yildiz called Iran one of the most important countries in the world that has rich oil and gas resources, and said that Turkey will continue its projects in the energy sector.

He said that Iran is one of the five important countries that supplies gas to Turkey, adding that Turkey imports its major portion of oil from Iran.

Iran, which sits on the world's second largest natural gas reserves after Russia, has been trying to enhance its gas production by increasing foreign and domestic investment, especially in its South Pars gas field.

The South Pars gas field, divided into 28 phases, is located in the Persian Gulf on the Iran- Qatar border. The field is estimated to contain 14 trillion cubic meters of gas and 18 billion barrels of condensate.