Iran says it is looking into a demand by Iraq to increase the exports of natural gas to the country, Press TV reported on Friday.
The announcement was made by Hamid-Reza Araqi, the managing director of the National Iranian Gas Company (NIGC). Araqi, however, did not specify any further details – including the new figure demanded by the Iraqis.
Nevertheless, he said Iran’s gas exports to Iraq currently stood at 7 to 8 million cubic meters per day (mcm/d). The official further emphasized that any increase in Iran’s gas exports would depend on whether Iran could launch new projects in its South Pars energy zone.
Iran started a much-awaited project to export natural gas to Iraq’s capital Baghdad in June. The exports are expected to reach as high as 35 mcm/d in the near future.