EU, Iran to mull possibility of gas import
Baku, Azerbaijan, Apr.13
The European Union and Iran will discuss the possibility of importing gas from this country, TASS news agency reported.
The announcement was made by a source in the EU on the eve of the visit of Federica Mogherini, the EU high representative for foreign affairs and security policy, to Tehran.
"We don't rule out the possibility of importing gas," the source told reporters in Brussels Apr.13. "The discussions on this issue will start during the negotiations (as part of the visit of Mogherini and the EU commissioners)."
Last January, the International Atomic Energy Agency verified Tehran's compliance with the Joint Comprehensive Plan of Action (JCPOA aka nuclear deal), opening the way for Iran's return to the global energy market.
The lifting of sanctions will not only make it possible to increase the production and export of oil by Iran, but will also enable Tehran to become one of the major players on the world gas market.
Iran's proven gas reserve stood at 34 trillion cubic meters as of early 2015, according to BP. The country's share on the world gas market is 17 percent.
Earlier, Iran stated that LNG export to Europe is its priority.