NIGC: 30 bcm of gas can be exported to Europe

Iran has the potential to deliver 25 to 30 billion cubic meters of gas per year to Europe, director of international affairs at National Iranian Gas Company, Azizollah Ramezani said.

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

Europe is seeking to diversify its sources of gas supply, adding that Iran currently holds 1.5% of the global gas trade and this figure must rise to 10% by 2025, he concluded.

[mappress mapid=”16439″]

Press Release; Image: NIGC