Iran sees dollar signs with Iraqi gas deal
Iran will earn more than $300 million every month by exporting natural gas to Iraq, the director of the National Iranian Gas Co. said Wednesday. Iran and Iraq this week signed a natural gas contract for pipeline deliveries from the South Pars gas complex in the Persian Gulf. National Iranian Gas Co. Managing Director Javad Oji said the deal would satisfy 65 percent of Baghdad's gas needs and 35 percent of the country's overall needs, the Oil Ministry's news agency Shana reports. "We will earn $350 million each month through exportation of ...
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