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Iran says in talks with Spain over LNG exports

Iranian Gas Commercial Company eyes exports to EU market

Iran has started indirect talks with Spain over the export of liquefied natural gas (LNG), according to a senior official.

Speaking to Tasnim News Agency, the managing director of the Iranian Gas Commercial Company Mohammad Ali Barati said that the company is seeking to export liquefied gas to European countries but is being deterred by Western sanctions.

“Currently, we have no exports to the European Union but we are holding indirect talks to export gas to Spain,” Barati said.

“After the (removal of) sanctions, relations with European countries will be expanded” he said. 

Iran has an estimated 33.6 trillion cubic meters gas reserves making it one of the world’s largest gas holders.

Back in April, Iran’s ambassador to Turkey said Tehran was working out details of a project to export its natural gas to Europe through Turkey.

– See more at: https://www.oilandgaseurasia.com/en/news/iran-talks-export-liquefied-gas…

Staff Writer

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