Iran General NewsSwiss foreign minister to sign Iran gas deal

Swiss foreign minister to sign Iran gas deal

-

Reuters: Switzerland’s foreign minister was travelling to Tehran on Sunday to sign a natural gas purchase contract between Iran and a Swiss utility, a deal she said could help ease Europe’s dependence on Russian gas. GENEVA, March 16 (Reuters) – Switzerland’s foreign minister was travelling to Tehran on Sunday to sign a natural gas purchase contract between Iran and a Swiss utility, a deal she said could help ease Europe’s dependence on Russian gas.

Micheline Calmy-Rey would also meet Iran’s Foreign Minister Manouchehr Mottaki and other officials to discuss Iran’s human rights record and ongoing international concerns about the country’s nuclear programme.

The gas deal between Elektrizitaetsgesellschaft Laufenburg (EGL) and the National Iranian Gas Export Company (NIGEC) does not violate United Nations or U.S. sanctions imposed on Iran, Calmy-Rey said.

“This contract does not violate any of the sanctions,” she told journalists before her departure at Geneva airport.

“It is planned that natural gas from Iran together with natural gas from Azerbaijan will one day feed into a gas pipeline running from Greece via Albania to Italy,” the Swiss foreign ministry said in a statement.

EGL said last year it had completed a 25-year deal with NIGEC to deliver 5.5 billion cubic metres of gas per year to Europe through a pipeline scheduled to be complete in 2010.

The energy group at the time declined to disclose the value of the deal, but said it was above 10 billion euros ($13.32 billion) and below 22 billion euros, depending on a number of factors such as the price of energy.

Calmy-Rey said she had been invited by Iran to visit and sign the deal. She said it was in Switzerland’s strategic interest to diversify its source of energy supplies.

“We decrease our dependence, and the dependence of Europe, on Russian gas,” she said.

Switzerland has worked in the past to find a compromise in Iran’s nuclear dispute with the West.

Washington has led international efforts to penalise Iran for failing to allay suspicions that it is seeking nuclear weapons. Tehran says its nuclear programme is purely civilian. (Reporting by Laura MacInnis in Geneva and Douwe Miedema in Zurich; Editing by Charles Dick)

Latest news

Iran: No to Execution Tuesdays Campaign Marks 133rd Week

Reports indicate that on Tuesday, August 11, the No to Execution Tuesdays Campaign entered its 133rd week, with thousands...

British Couple Imprisoned in Iran End Hunger Strike After Nearly Three Months

The family of Lindsay and Craig Foreman, a British couple imprisoned in Iran, announced that the two had ended...

Veteran War Commander Takes Over Iranian Regime Security Council

Mojtaba Khamenei, the supreme leader of the Iranian regime, appointed Mohsen Rezaei as his representative to the Supreme National...

Fresh Warning Over Continued IRGC Attacks on Commercial Shipping

The Joint Maritime Information Center (JMIC) said that attacks and harassment by Iran's Islamic Revolutionary Guard Corps (IRGC) against...

Iranian Regime Sets New Conditions for Reopening the Strait of Hormuz

While Iranian regime officials announced progress in Iran-Oman negotiations over shipping routes through the Strait of Hormuz on Saturday,...

Retirees in Iran Demand Action on Their Grievances

On Sunday, August 9, retirees and pensioners in several Iranian cities held street protests against dire living conditions, rising...

Must read

Thousands of Iranians to Rally in Brussels to Demand Removal of Terror Tag

Iran Focus: Thousands of Iranians will be heading to...

U.S. seeks new Afghan supply routes, even in Iran

New York Times: The United States is seeking new supply...

You might also likeRELATED
Recommended to you