Iran General NewsIran, Turkey, Iraq sign energy deal

Iran, Turkey, Iraq sign energy deal

-

ImageUPI: Iran signed a memorandum of understanding in Baghdad with Iraq and Turkey to link power and energy networks with Syria.

United Press International

ImageBAGHDAD, May 29 (UPI) — Iran signed a memorandum of understanding in Baghdad with Iraq and Turkey to link power and energy networks with Syria.

Iranian Energy Minister Parviz Fattah signed the agreement with his Turkish and Iraqi counterparts at an inaugural trilateral regional energy conference in Baghdad, the official Islamic Republic News Agency reports.

The agreement outlines provisions to link regional power networks with the ultimate aim of connecting to European networks.

Iran and Syria signed a separate bilateral memorandum of understanding in April in the oil and gas sector that includes exploration and pipeline development.

That package included the development of upstream activities, drilling and exploration, and the possible construction of the Persian Pipeline from Iran to Europe.

The 2,100-mile Persian Pipeline would bring an estimated 1.3 trillion cubic feet to markets in Europe along a path that includes Turkey, Iraq and Syria.

Energy officials from all four countries are expected to hold further negotiations in Ankara within the next six months.

Latest news

Iran: 60% Of Population Is Poor

The livelihood baskets of the Iranian people are shrinking dramatically. This, in turn, has introduced new concerns to protect...

The implications of EU’s terrorist designation of the Revolutionary Guards (IRGC)

The European Parliament called on January 18 for the European Union to list Iran's Revolutionary Guards (IRGC) as a...

Iran’s Regime Is Hiding Human Rights Violations In Its Prisons

With more than four months into Iran’s latest round of nationwide uprisings, the brutality of the Iranian regime’s security...

How Internet Censorship Is Damaging Iran’s Economy

While in the last four months, internet access in Iran has been cut off or severely limited, the regime’s...

Iran Regime’s Upcoming Budget Bill Will Lead To More Protests

On January 12, the Iranian regime’s president Ebrahim Raisi handed over the country’s budget bill to the parliament.  According...

Iran Is Facing a Severe Shortage of Natural Gas

With the start of winter and cold season, the National Iranian Gas Company declared, "we have entered a gas...

Must read

Iran won’t stop uranium enrichment program

AP: Iran's nuclear chief Fereidoun Abbasi says his country...

Calls for inquest into reported Iran blogger death

AP: A prominent press freedom group has joined the...

You might also likeRELATED
Recommended to you