{"id":1628,"date":"2017-11-07T20:48:46","date_gmt":"2017-11-07T21:48:46","guid":{"rendered":"http:\/\/madaresharghi.com\/gas-export-to-iraq-stable-at-12-mcmd\/"},"modified":"2017-11-07T20:48:46","modified_gmt":"2017-11-07T21:48:46","slug":"gas-export-to-iraq-stable-at-12-mcmd","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/gas-export-to-iraq-stable-at-12-mcmd\/","title":{"rendered":"Gas Export to Iraq Stable at 12 mcm\/d"},"content":{"rendered":"<p><a href=\"http:\/\/madaresharghi..com\">madaresharghi<\/a><br \/>\n<\/p>\n<p> \tIran\u2019s daily gas supply to the Iraqi capital Baghdad has increased to 12 million cubic meters from about 7 mcm\/d since supply began in June, the managing director of National Iranian Gas Company said on Tuesday.<br \/> \t\u201cGas exports to the southern city of Basra will probably start in March 2018,\u201d IRNA quoted Hamidreza Araqi as saying, stressing that gas pipelines to the Iraqi cities make up Iran\u2019s most important gas trade projects.<br \/> \tIran began supplying Iraq with natural gas almost four years after the two countries signed a preliminary export deal.<br \/> \tBased on the terms of the agreement, exports will increase to 35 million cubic meters daily, nearly three times the current rate. The agreement includes two contracts, one to send gas to Baghdad and another to Basra.<br \/> \tOn problems with Iraqi payments for the imports of Iranian gas, the official said financial barriers for receiving gas money from the western neighbor have been removed.<br \/> \tOil Minister Bijan Namdar Zanganeh said in August Iranian and Iraqi banks did not connect easily, because most of the Iraqi banks were controlled and run by the Americans.<br \/> \tAraqi noted that the Iranian segment of the pipeline to Basra is ready, but the Iraqi administration has problems with the contractor of the Iraqi section.<br \/> \t\u201cThe contractor has pledged to complete the remaining segment in the next three months,\u201d he added.<br \/> \tThe war-ravaged Arab country needs Iran\u2019s gas to feed three of its power plants and alleviate chronic outages that have sparked protests against the government in Baghdad in the past few years, particularly during the hot summer season when electricity demand soars.<br \/> \tIraq has now become Iran&#8217;s second largest gas customer behind Turkey, which imported about 21 mcm\/d in 2016, according to the latest BP Statistical Review of World Energy.<br \/> \tIran with 34 trillion cubic meters) and Russia (with 32.6 tcm) hold the largest proven gas reserves, according to BP.<br \/> \tThe Persian Gulf nation aims to raise output to over 1 billion cubic meters by March from around 880 million cubic meters daily.<\/p>\n<p> \t\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>madaresharghi Iran\u2019s daily gas supply to the Iraqi capital Baghdad has increased to 12 million cubic meters from about 7 mcm\/d since supply began in June, the managing director of National Iranian Gas Company said on Tuesday. \u201cGas exports to the southern city of Basra will probably start in March 2018,\u201d IRNA quoted Hamidreza Araqi [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8],"tags":[296,118,28,31,159,639,178,56,213,84,95,82,68,22,23,27],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - 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