BREAKING NEWS

Iran to ink gas contract with Syria, Iraq

By REUTERS

JULY 24, 2011 17:04

TEHRAN - Iran said on Sunday it reached a trilateral agreement with its allies Syria and Iraq to build a pipeline which would boost its gas exports, a senior official was quoted as saying by the media.

"This contract will be signed Monday in the port city of Assalouyeh," Javad Oji, head of the National Iranian Gas Co.(NIGC) was quoted as saying by the semi-official Mehr news agency.

"Iran's gas will be transferred to Syria through Iraq, and Syria will then buy 20 to 25 million cubic meter of gas from Iran per day," the official IRNA news agency quoted Oji as saying.

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