By: Hassan Hafidh and Benoit Faucon, Wall Street Journal

Date: July 2011

The oil ministers of Iraq, Iran and Syria Monday signed a preliminary agreement for a $10 billion natural-gas-pipeline deal, the official Iranian News Agency IRNA and other Iranian media reported.

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Iranian officials have said Iran is producing some 600 million cubic meters of gas a day, of which only 37 million cubic meters are exported. Tehran also aims to extend the pipeline to Lebanon and the Mediterranean to supply gas to Europe, they said.

http://www.defenddemocracy.org/news-picks/iraq-iran-syria-sign-10-billion-gas-pipeline-deal