Wednesday, August 10, 2011

Iran, Syria and Iraq sign MoU on major gas pipeline

On Monday, oil ministers of Iran, Iraq and Syria signed a Memorandum of Understanding (MoU) for the construction of a pipeline to transfer Iranian gas to Europe.

According to Iranian deputy oil minister, Javad Oji, "The first official agreement on the export and transit of natural gas is now ready to be signed between Iran, Iraq and Syria."

The 5,600 km pipeline will convey gas produced in Iran to Iraq, Syria, Lebanon, and the Mediterranean Sea before reaching Europe
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www.albawaba.com/main-headlines/iran-syria-and-iraq-sign-mou-major-gas-pipeline-385417

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