• Natural Gas News

    Tasnim: Iranian Official: Gas Exports to Europe Not Economic

    old

Summary

Iranian official says it is not at the moment economically feasible to export gas to Europe given a decline in the gas price

by:

Posted in:

Press Notes

Tasnim: Iranian Official: Gas Exports to Europe Not Economic

“Given a decline in the gas price in that continent, it is not at the moment economically feasible to export gas to Europe,” Mohsen Qamsari, director for international affairs of the National Iranian Oil Company told the Tasnim News Agency on Sunday.

Known as the world’s top gas reserves holder with an estimated 33.6 trillion cubic meters, Iran is an attractive market for Europeans seeking alternative sources to improve their resilience to gas supply disruptions.

Back in April, Iran’s ambassador to Turkey said Tehran was working out details of a project to export its natural gas to Europe through Turkey.

Read the full article HERE