Baku, Azerbaijan, Aug. 2
By Fatih Karimov – Trend:
A German company is negotiating with the National Iranian Gas Company (NIGC) to purchase gas from the country, Azizollah Ramazani, director of the International Affairs Department at the NIGC, said.
The negotiations with the leading German company will pave path for export of Iranian gas to the West Europe, Ramazi said, SHANA news agency reported Aug. 2.
He did not mention the German company’s name.
The Iranian official further said that contracts have been signed with leading international companies including Russia’s Gazprom, German Siemens, and South Korean SK Telecom and Kogas for cooperation in gas sector following the removal of international sanctions against Iran last January.
The Islamic Republic holds 34 trillion cubic meters of proven gas reserves, sharing 18.2 percent of total global gas reserves, which puts the country in the top of the world's gas holders list.
Earlier, Iran stated that LNG export to Europe is its priority.