Iran begins construction of $10bn gas pipeline to Syria
Iran
has begun building a US$10 billion gas pipeline to Syria as part of
efforts to boost its energy sector, as well as help its war-torn
neighbor. Tehran has also been battling Western sanctions ever since
it refused to abandon its nuclear program.
19
November, 2012
According
to a report by Fars news agency, Iran has begun construction of the
first phase of the project. It involves a 225km (140 mile) stretch
and will cost approximately $3 billion. The 1,500km (750 mile)
pipeline will pass through Iraq before reaching Syria.
The
entire project is to be completed in the second half of 2013. The
deal was signed between Iran, Iraq and Syria last July, Fars said.
The
pipeline would help boost Iran’s gas output, which the country
hopes will exceed Qatar’s by 2016.
Iran
has the world’s second-largest gas reserves, estimated at 28
trillion cubic meters.
Meanwhile,
after a seven month decline due to Western sanctions, Iran’s oil
output has made a recovery. The sanctions also initially hurt
exports. However, China’s and South Korea’s increased purchases
have seen an export recovery recently.
Syria’s
stability is vital to Iran, with the Persian state giving its
beleaguered neighbor unwavering support since the beginning of the
civil unrest.
It
warned against sending weapons to Syrian rebels, saying it will
threaten regional stability and increase the "risk of
terrorism."
Iran’s
foreign minister said in a speech on Sunday that talks between Syrian
officials and opposition groups that "some countries envisage
arming the opposition with heavy and semi-heavy weaponry."
Tehran
has also hosted a conference under the motto, “No to violence, yes
to democracy” in a bid to end the violence in Syria. An estimated
200 Syrian and regional politicians gathered in Iran’s capital on
Sunday to discuss possible solutions.
“We
believe reforms in Syria should lead to a free, fair and transparent
election with the cooperation of all political parties,” Iran’s
Foreign Minister Ali Akbar Salehi said in opening remarks at the
one-day Syrian National Dialogue conference.
Iran
continues to back Syrian President Bashar Assad and his regime,
despite the continued bloodshed.
The
presence of delegations from dozens of countries, including
representatives of Russia and China, two of Syria’s key allies, has
shown that Iran may well be able to influence the conflict,
notwithstanding crippling Western sanctions and international
condemnation.

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