Baku, Azerbaijan, May. 3
By Farhad Daneshvar, Dalga Khatinoglu - Trend:
Iran prefers exporting liquefied natural gas (LNG) to distant markets but coming to the regional clients the delivering of gas through pipelines is still on the agenda, Jafar Pourfarjoudi, spokesperson of Iran's Oil Ministry told Trend.
"Iran has always given priority to exporting gas through pipelines to neighboring countries," Jafar Pourfarjoudi said May 3.
"However, given the financial and security issues the country prefers to use LNG for exporting gas to distant markets," he added.
Nevertheless, Pourfarjoudi did not rule out the idea that Iran has considered pipelines as a solution for exporting gas to Europe.
According to the spokesperson, the country is also planning to obtain the floating liquefied natural gas vessels (FLNG) as a solution for exporting gas.
The National Iranian Gas Exports Company (NIGEC) and South Korean KOGAS signed a MoU for gas cooperation May 3.
Based on the document, the parties will cooperate in exporting Iran's gas in form of LNG.
Tehran supplies 9.7 billion cubic meters per year (bcm/y) of natural gas through pipeline to Turkey.
The country has also several deals with Iraq (18.2bcm/y), Pakistan (8bcm/y) and Oman (10bcm/y) on delivering gas through pipelines.