Gulf Oil and Gas accountACCOUNT

Iran Can Export 30bcm of Gas to Europe

Source: www.gulfoilandgas.com 1/19/2015, Location: Asia

Iran has potential to deliver 25 to 30 bcm a year of gas to Europe, director for international affairs of National Iranian Gas Company said.

“The studies conducted by the European Parliament indicate that Iran has potential to export 25 to 30 bcm of gas a year to Europe,” Azizollah Ramezani said.

He said the study also shows that 12 countries can provide Europe with gas, adding that Iran, Turkmenistan and Azerbaijan are viewed as potential partners.

“Iran, in collaboration with Turkmenistan and Azerbaijan, is looking for a route to export gas to Europe,” said Ramezani.

He said Europe is seeking to diversify its sources of gas supply.

“Iran currently holds 1.5% of the global gas trade and this figure must rise to 10% by 2025,” said Ramezani.

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