Iran, Iraq, Syria agree to establish Islamic gas pipeline

Mon 25 Jul 2011 05:49 GMT | 09:49 Local Time

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An agreement was signed Monday by Iran, Iraq and Syria for construction of the 'Islamic gas pipeline.'

It is called the “Islamic gas pipeline” as the 10-billion-dollar project would be the first agreement to export gas from Islamic countries to the West.

Based on the agreement, Iran's natural gas would be exported to Europe through Iraq, Syria and Lebanon via a 5,000 km pipeline.

The document was signed in Assalouyeh industrial region located in the southern province of Bushehr.

It was inked by Caretaker of Iran's Oil Ministry Mohammad Aliabadi, Iraqi Oil Minister Abd al-Karim Luaybi and his Syrian counterpart Sufiyan 'Alaw.




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