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Iran says has no plan for gas swap to Russia

Oil&Gas Materials 15 December 2011 08:24 (UTC +04:00)
Managing Director of National Iranian Gas Exporting Company Hossein Bidarmaghz rejected reports that Iran has planned to pump gas to Russia.
Iran says has no plan for gas swap to Russia

Managing Director of National Iranian Gas Exporting Company Hossein Bidarmaghz rejected reports that Iran has planned to pump gas to Russia, ISNA reported.

The reports on Tehran's decision for gas swap to Moscow came whereas Russia is the world's biggest gas producer seeking major gas adventures. The reports are astonishing since Iran and Russia do not share borders and such a project needed involvement of other countries or employment of submarine pipelines.

"We seek cooperation with the major gas producer instead of competition with the country in the world's gas market, but it does not mean Iran's gas export to Russia," Hossein Bidarmaghz told ISNA.

He continued, "There is no justification for Iran's gas swap to Russia as the biggest gas exporter and that there are many clients for Iran's gas in Europe. We can have gas swap with Russia if it is interested in gas swap with neighboring countries."

Iran is ranked second in the world in terms of gas reserves. It is followed by Qatar and comes after Saudi Arabia.




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