Iran Ready to Bring Gas Supplies to Europe via Nabucco

Business » ENERGY | August 11, 2014, Monday // 16:56
Bulgaria: Iran Ready to Bring Gas Supplies to Europe via Nabucco Photo by BGNES

Iran has expressed willingness to supply gas to Europe via the Nabucco gas pipeline.

Ali Majedi, Deputy Oil Minister in charge of International Affairs, announced that two European countries had already expressed interest in the project.

Majedi, as cited by ITAR-TASS, suggested that Iran, the country controlling the world's biggest gas reserves, could support Europe's attempts to diversify its energy supply sources by covering a part of its needs.

He added that Iran had discussed possible gas supply routes with two European delegations.

Majedi argued that there was a wide range of possible supply routes for Iranian gas to Europe, including via Turkey, Iraq, Syria, Caucasus and the Black Sea.

He insisted, however, that the best option involved a gas pipeline through Turkey.

He was adamant that the Nabucco gas pipeline would be useless without Iranian gas, adding that Turkey had already expressed interest in Iranian gas exports to Europe.

Nabucco shareholders include Austria's OMV, Hungary's MOL, Romania's Transgaz, Bulgaria's Bulgargaz, Turkey's BOTAS, and Germany's RWE.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Energy » Be a reporter: Write and send your article
Tags: Nabucco, gas pipeline, energy diversification, Iran
Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria