Iran ready to start gas supplies to Europe two years later


Moscow. January 27. Iran seeks new opportunities for export and production of natural gas, including the development of gas liquefaction capacity to begin delivery in Europe within two years, reported The Wall Street Journal the managing Director of National Iranian Gas Export Co Alireza Cameli.

One of the projects involves the resumption of work on the Iran LNG project, which was completed 40% prior to the introduction of international sanctions in 2012. To complete the project will take 3-4 years.

Another project that can be completed within two years, involves the construction of a gas pipeline to Oman, where there are already facilities for liquefied gas.

In addition, the Iranian company is in talks with European partners about the construction of floating terminals for the liquefaction of gas from Iran.

In the long term Iran, as previously stated, I would like to bring gas exports to the EU up to 30 billion cubic meters per year.

Last week Greece bought Iran’s first post-sanctions oil.

Iran has the world’s largest reserves of natural gas, now he delivers small volumes of gas to neighboring countries in the amount of about 9 billion cubic meters per year.