A gas pipeline named ‘Friendship’ is set to be built across Iran, Iraq and Syria territories in an effort to deepen “regional and religious ties”.
Pars Oil and Gas Company (POGC), a subsidiary of National Iranian Oil Company (NIOC), claims the 56-inch pipeline will start from the onshore installations of the firm’s South Pars gas field (pictured) and will reach the Iran-Iraq border to feed three power plants in the neighbouring country.
The gas field lies on the border between Iran and Qatar, with the Iranian part believed to consist of around 14 trillion cubic metres of gas reserves and around 18 billion barrels of gas condensates, which POGC claims amounts to roughly 7.5% of the world gas reserves.
A spokesperson from the Iranian Petroleum Ministry said Iran and Iraq have already taken “some steps” for the construction of the pipeline and that a meeting in Baghdad in the near future would draft the necessary programme for extending the pipeline to Syria.
The pipeline is believed to be designed in a way that would have enough capacity to export gas to other countries including Jordan and Lebanon and is likely to be extended to the border of some European countries, if necessary, to meet their gas needs.
Last year, the nation also announced plans for a gas pipeline between Iran and Pakistan named ‘Peace’ to transfer Iran’s gas to Pakistan.