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    Iran Ready to Supply Gas to Kuwait Through Pipeline

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Summary

Iran is ready to supply natural gas to Kuwait through pipeline, according to a senior trade official.

by: shardul

Posted in:

Asia/Oceania

Iran Ready to Supply Gas to Kuwait Through Pipeline

Iran is ready to supply natural gas to Kuwait through pipeline, according to a senior trade official.

"We are ready to export gas to Kuwait through pipeline and at a price palatable to both sides," head of Iran's Trade Promotion Organization (TPO) Valiollah Afkhamirad said, addressing the 12th Iran-Kuwait Joint Trade Committee in Tehran on Sunday, reports Fars News Agency.

The official said that the two countries have sought to expand bilateral ties.

Kuwait has been looking to source gas to meet local demand. Last month, the Gulf nation inked LNG deals with Qatargas. As per the deal, Kuwait Petroleum Corporation (KPC) will import LNG till the end of 2014.

Kuwait also agreed to buy LNG from BP and Shell