Iran will export 35 billion cubic meters of gas to Europe annually once a pipeline is laid to Europe through Turkish territory, said caretaker of Oil Ministry Gholam-Hossein Nozari.
Nozari told reporters at the end of his talks with a Turkish delegation, headed by Turkish Energy Minister Helmi Guler, that based on a deal, signed with Turkish energy officials, the Turkish party will undertake development of phases 22, 23 and 24 of South Pars gas field.
He said that based on the deal Iran will undertake the marketing job.
"The project for development of three phases of South Pars gas field will be implemented on buy-back basis by the Turkish entrepreneurs," he added.
Among other points of the Iran-Turkey agreement, said Nozari, are formation of a joint company in charge of handling a project for laying pipeline for transfer of gas from Assalouyeh (Bushehr province) to Europe via Turkey and transfer of Turkmen gas to Iran via Turkish territory.