Iran and Iraq will sign a deal today, based on which 25 million cubic meters of Iranian gas will be transferred to Iraq’s port city of Basra per day.
The Iraqi deputy energy minister will sign the deal with the Iranian deputy oil minister.
Based on the agreement, Iran is expected to initially deliver 4 mcm/d of gas and raise it to 25 mcm/d in the future, to feed three power plants in Iraq through a 270-kilometer pipeline .
The two sides will also sign an addendum to the deal which allows the volume of exports to increase to 35 million cubic meters per day (mcm/d), Shana news agency reported on November 10.
The two countries signed an agreement over the exports of natural gas back in 2013.