Egypt moots Iraq gas imports

Egypt is mulling the import of natural gas from Iraq through the pipeline that the country currently uses to export its own natural gas to Jordan, Lebanon and Syria, known as the Arab pipeline, Daily News Egypt has reported. Sameh Fahmy, petroleum minister has reportedly told the energy committee of the ruling National Democratic Party that importing gas from Iraq now would take advantage of the current global price drop, and that it would be used to service the energy needs of heavy industries such as steel, cement and fertilizer factories.