Iran General NewsIran eyes European gas markets

Iran eyes European gas markets

-

ImageUPI: Iran is looking to transport its natural gas to markets in Greece and Italy through Iraq and Syria, the Iranian oil minister said in Damascus.

United Press International

ImageDAMASCUS, Syria, April 1 (UPI) — Iran is looking to transport its natural gas to markets in Greece and Italy through Iraq and Syria, the Iranian oil minister said in Damascus.

Iranian Oil Minister Gholamhossein Nozari said during a meeting in Damascus with his Syrian counterpart that Iran was eager to expand its export regime, Iran's Press TV reports.

"Iran will transfer gas to Greece and Italy through Iraq, Syria and the Mediterranean Sea," the minister said.

Nozari went on to add that his country is eager to move into the European market despite opposition from the United States.

Iranian gas was seen as a potential supplier to the planned Nabucco gas pipeline to Europe, though U.S. officials recently dismissed the possibility.

For his part, Sufian Allaw, the energy minister in Damascus, reached preliminary arrangements for the transport of Iranian gas to Syria during the meeting, the official Syrian Arab News Agency reports.

Iran holds about 948 trillion cubic feet of natural gas reserves, the second-largest reserve volume in the world. Nozari suggested the shipments would travel though the planned Persian Pipeline, a 2,100-mile route to Turkey and European markets.

Latest news

Warning Over the Imminent Execution of Political Prisoner Aref Khoshkar in Iran

Following the transfer of political prisoner Aref Khoshkar, who has been sentenced to death, to a solitary confinement cell...

Near-Complete Halt to Shipping Through the Strait of Hormuz

Bloomberg, citing vessel-tracking data, reported that maritime traffic through the Strait of Hormuz came to an almost complete halt...

129th Week of ‘No To Executions Tuesdays’ Campaign in 58 Prisons Across Iran

The "No To Executions Tuesdays" campaign has warned about the rising number of executions in Iran and called for...

UK Designates Iran Regime’s IRGC as a Terrorist Organization

The British government has designated the Islamic Revolutionary Guard Corps (IRGC) of the Iranian regime as a terrorist organization....

Why Is Iran’s Regime Violating the Ceasefire with the U.S.?

Mojtaba Khamenei, the Iranian Regime's supreme leader, said in a message on Saturday, July 11, that revenge for the...

U.S. Conducts New Wave of Strikes Against Iran’s Regime, IRGC Attacks Bahrain, Kuwait, Jordan

As the United States completed its latest wave of attacks against the Iranian regime, the Islamic Revolutionary Guard Corps...

Must read

Amnesty: Iran stepped up executions in 2015

Iran Focus London, 6 Apr – Iran executed nearly...

Iran training Iraqi hit squads: US military

AFP: Iraqi assassination squads are being trained in Iran...

You might also likeRELATED
Recommended to you