The pipeline is now 75 per cent complete, and the Iraqi section is also being built according to schedule. The line will stretch from Assaluyeh, near the massive offshore South Pars oil and gas field in southern Iran, into neighbouring Iraq to feed its gas-run power plants.
On 2 July 2013, Iran signed an agreement to deliver 25 mcm/day to the Sadr, Baghdad, and Al-Mansouryah power plants through a pipeline. The 270 km line will earn Iran an estimated US$3.7 billion a year. It is projected to transfer 5 mcm/day in the first stage and 10 mcm/day in the second stage.
For more news and expert analysis about Iran, please see Iran Strategic Focus.
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