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Islamic Pipeline states to meet in Tehran
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Saturday, 12 Feb 2011
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Tehran Times cited Mr Javad Owji deputy oil minister of Iran as saying that the new round of talks between Iran, Syria and Iraq for construction of the Islamic Pipeline will be held in Tehran by February 19th 2011.

As per report, on January 20, Iran and Syria signed an agreement to build an Islamic gas pipeline to transfer Iran’s natural gas to Europe in Damascus.

Previously, Mr Owji had said that a tripartite meeting between Iran, Iraq and Syria will be held on the implementation of the agreement. After several round of talks, the new path for the export of Iran’s natural gas to Europe has been agreed upon by Iran and Syria by signing a document.

The official, who is also the MD of Iran’s National Gas Company said that the new corridor of natural gas to Europe will pass through Iran, Iraq, Syria, southern Lebanon territories and also through Mediterranean basin.

Mr Owji said that the agreement, by means of which the natural gas of Iran’s South Pars and Assalouyeh fields will be transferred to Europe was reached in Damascus meeting between the officials of the two countries. The gas pipeline will send 110 million cubic meters of natural gas on daily basis to Europe, said Iranian official.

Previously, Mr Owji had explained that Iraq has granted the permission to transfer Iranian gas to Syria via Iraq. He went on to say that Iran is ready to export natural gas to Iraq in two phases with 7 million to 8 million cubic meters and 12 million cubic meters in the first and second phases respectively.

He said that two European companies have suggested 6 routes for exporting Iranian gas to Europe. Persian pipeline, Nabucco Pipeline and the Iran, Iraq, Syria and Italy pipeline are the main proposed routes.

Mr Sufian Allaw oil minister of Syria visited Tehran in August 2010 to discuss the possibility of shipping Iran’s gas to Europe through Syrian territories. Both sides reviewed plans to build an oil refinery and infrastructure in Syria to transport Iranian oil.
Iran plans to participate in the construction of a refinery with the refining capacity of 140,000 barrels in Homs, Syria. Iran, Venezuela and Syria signed a preliminary agreement in 2006 to jointly construct the refinery.

(Sourced from Tehran Times)

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