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Page added on January 22, 2017
Tehran, Baghdad to inaugurate joint gas pipeline
Spokesperson of National Iranian Gas Company (NIGC) said Iran-Iraq gas pipeline will be unveiled on Tuesday though exports to the neighboring country will still remain in a halt.
NIGC Spokesman Majid Bujarzadeh made the remarks emphasizing that Iran is ready to inject gas into the export pipeline asserting “the Iraqi side is still unprepared to receive Iran’s natural gas.”
Earlier, Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia had explained that the pipeline for gas exports to Baghdad was replete with natural gas though Letters of Credit (LCs) first needed to be opened for the process to be resumed.
He noted that banking issues had to be fully resolved before Iranian gas could be deployed to Iraq stressing that “a letter of credit is a letter from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount.”
A part of the sixth national pipeline, which aims to conduct gas exports to Iraq, will be inaugurated in coming days while exports will still remain in a hiatus.
NIGC Managing Director Hamidreza Araghi will attend the unveiling ceremony on Tuesday and the second part of the sixth national pipeline with a length of 600 kilometers is still under construction.
The sixth national gas pipeline network has the capacity to carry 110 million cubic meters per day through which natural gas would be exported to Iraq and Syria.
National Iranian Gas Company and the Iraqi Ministry of Electricity and Power signed a gas contract in 2013 and it was in 2016 that an extension was added to the deal in order to increase its volume and duration.
Accordingly, gas exports will begin at seven million cubic meters per day and is scheduled to reach the highest level envisaged in the contract after 21 months. As such, in hot seasons 35 and in cold ones 25 million cubic meters of natural gas will be deployed to Baghdad region yielding an aggregate total of 10 billion cubic meters per year.
The deal for gas exports to Basra was also inked in 2015 as the second oil sale agreement to Iraq according to which 35 and 25 million cubic meters of natural gas will be exported to the Iraqi region in hot and cold seasons, respectively.
With nearly three years after signing of the gas contract between Iran and Iraq, gas exports to the neighboring country has faced standstills and delays mainly due to activities of ISIL terrorist group activities and also because of Iraq’s non-compliance to fulfillment of contractors’ financial claims.
8 Comments on "Tehran, Baghdad to inaugurate joint gas pipeline"
Cloggie on Sun, 22nd Jan 2017 1:03 pm
The original idea before the rise of IS was to construct a pipeline all the way from Iran through Irak and Syria to the Mediterranean.
The “Islamic pipeline” (blue):
https://i0.wp.com/www.unicornriot.ninja/wp-content/uploads/2015/09/twopipelines.jpg
Turkey and KSA opted for the Qatar-Turkey pipeline (red)
Neither pipeline is going to happen any time soon, much to the pleasure of Vladimir Putin.
penury on Sun, 22nd Jan 2017 2:08 pm
Priced in U.S. fiat?
Cloggie on Mon, 23rd Jan 2017 5:58 am
The map linked to in my first post was a very important factor as to why the Syrian “civil war” [*] came about in the first place.
The US wanted to prevent the Islamic pipeline and promote the Qatar-Turkey pipeline instead, for one reason only: to hurt Russian interests on lucrative European markets.
And that was precisely the reason for the Russian intervention: to prevent both pipelines.
Russia won.
[*] there was no real Syrian civil war. At least half of the Jihadist fighters were hired guns from abroad, paid by Qatar and KSA and logistically supported by Turkey. And the US giving the nod.
Davy on Mon, 23rd Jan 2017 7:28 am
Clog, who won? I don’t think anyone won. If Putin won why is he so eager to make friends with Trump? A real winner would have told the US to stick it where the sun don’t shine like a Stalin. There is no winning a zero sum game. Putin may have won one geopolitical battle that is like shifting sand but there is no winning this existential war civilization is facing. It is those who preach winning and losing in the 20th century frame that are deceiving themselves.
Cloggie on Mon, 23rd Jan 2017 7:52 am
Clog, who won? I don’t think anyone won. If Putin won why is he so eager to make friends with Trump?
Putin won in Syria and defeated the neocons, who were behind all the troubles in the ME since 9/11. There is not going to be a Syrian pipeline, competing with Russian gas on European markets.
https://en.wikipedia.org/wiki/A_Clean_Break:_A_New_Strategy_for_Securing_the_Realm
https://en.wikipedia.org/wiki/Project_for_the_New_American_Century
The reason why Putin is so keen on detente is because he doesn’t war, certainly not with a stronger party like the US (Russia economically is indeed a gas station masquerading as a country).
It is not 100% sure though that detente will happen. If Trump will attack Iran, the bromance will be over in a heart beat.
And now there is talk that Trump wants a missile shield, also a no-no.
http://russia-insider.com/en/trumps-missile-shield-enthusiasm-could/ri18647
If I were Putin, I would be very careful with “making love to Trump”, like two hedgehodges. And absolutely not ruin the good relationship Russia has with China. Not before the European right takes over anyway, who are all pro-Putin.
It all looks like in the near future the US and China are going to lock horns with each other about who is the geopolitical #1 on this planet. Russia is well advised to hide between the broad back’s of both China and America and play them out against each other a little.
joe on Mon, 23rd Jan 2017 8:30 am
Clog I believe that Merkel supports the pro-Isil pipeline from Qatar as well. The real question for me is this. Is Iran really so unpalatable to Europe? Would millions of Europe’s new Sunni occupants turn off their own winter heat in protest? Not likely. So whats the issue? Is Russia really so unpalatable? Is Iran any more or less likely to turn off the gas then Qatar than Russia? By forcing itself to choose one, they are showing extreme weakness. There was once a Europe that would have taken all three sources of energy on its own terms and secured its future, but that Europe died when Brussels and Berlin took control of everything.
penury on Mon, 23rd Jan 2017 10:06 am
One day maybe not soon but, eventually the U.S. catamites in Europe are going to wake up one morning and say ” we have had U.S. bases in our territory for over seventy years, Why? Maybe it is time for the yanks to go back where they belong. But I will not hold my breath.
Cloggie on Tue, 24th Jan 2017 3:20 am
Clog I believe that Merkel supports the pro-Isil pipeline from Qatar as well.
There is no difference between Merkel and Washington. She is the most spineless fake leader Germany has ever seen. So yes, she supports the Sunni over the Shi’ite pipeline. Not that Merkel matters much in this.
Maybe it is time for the yanks to go back where they belong.
Trump will most likely withdraw his troops himself from Europe, no questions asked, as he declared NATO obsolete. They absolutely have no purpose whatsoever. Let Europe pay for its own defense.