Iran Considering Options to Export Gas to Europe

Iran Considering Options to Export Gas to Europe

Iran is currently considering the most convenient way to export its gas, specially to the EU following the uplift of the previously imposed sanctions. According to the spokesman of the Ministry of  Petroleum, Jafar Jafar Pourfarjoud, so far it prefers to export Liquefied Natural Gas (LNG) to the distant markets, due to financial and security reasons, but favors gas pipelines for transporting it to the neighboring countries, Trend reported.

Pourfarjoud added that the Islamic Republic’s plan is to purchase a vessel for the LNG transportation.

Meanwhile, Today.AZ noted that recently Federica Mogherini, the EU’s High Representative for Foreign Affairs and Security Policy,  emphasized the importance of Iran’s hydrocarbon reserves in Europe’s energy mix, and its role in increasing Europe’s energy security.

In fact, Iran’s strategic position offers its government several options to build pipelines. It may build a gas pipeline through Turkey, or to Oman where it can use the already existing LNG facilities to transport the gas to the global markets. Meanwhile, experts consider using the Southern Gas Corridor and building a connection pipeline to TANAP, instead of building a separate pipeline, as a plausible option.


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