1 February 2015 - 09:08
  • News ID: 234148
Iran Offers Tender for Gas Pipeline to Iraq

TEHRAN Feb 01(Shana)--Iran is offering a $1.5 billion tender for the construction of a pipeline to carry natural gas to neighboring Iraq, managing-director of Iran Gas Engineering and Development Company (IGEDC) said.

Ali-Reza Gharibi said the project will be a build-operate-transfer (BOT) one and all costs will be recouped through revenues from gas exports to Iraq.

The project involves laying out pipeline from the Iranian city of Dezful to the border city of Shalamcheh.

The project is estimated to take three years – one year for the pipeline and two years for pressure booster stations.
News ID 234148

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