Iraq Aims to Close Qatar Gas Import Deal to Add Supply

  • Persian Gulf oil producer wants to sign LNG deal next month
  • Iraq needs gas for power generation, electricity minister says
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Iraq plans to sign a deal next month to import liquefied natural gas from Qatar in an effort to secure enough of the fuel used for power generation and to diversify its sources of supply.

Buying Qatari LNG will help replace some of the gas currently piped from Iran, Iraqi electricity minister Adel Kareem said in an interview. Iran has had trouble meeting Iraq’s gas needs due to its own domestic demand, Kareem added.