Iraq floats US$1.5 bn tender to build second pipeline to supply natural gas to Iraq
Posted on 5th February 2015
Iraq has floated a US$1.5 billion tender to build a second pipeline to carry natural gas to Iraq, a report said.
The project will be a build-operate-transfer (BOT) one and all costs will be recovered through revenues from gas exports to Iraq, Ali-Reza Gharibi managing-director of Iran Gas Engineering and Development Company (IGEDC) was quoted in the Iraq Daily Journal, which cited state-owned Shana.
The project involves laying out pipeline from the Iranian city of Dezful to the border city of Shalamcheh and is estimated to take three years, the report said.
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