Iran prepares to export gas to Europe via Turkey

Iran prepares to export gas to Europe via Turkey
July 16, 2012 - 12:31 AMT

PanARMENIAN.Net - Iran announced that it prepares to export of gas to European countries via Turkey, Fars News Agency reports.

"In addition to the agreement signed for the export of gas to Pakistan and Iraq, the permission to export gas to Europe via Turkey has also been taken," Iranian Oil Minister Rostam Qassemi said.

The minister further said that the country's gas production capacity will double by the end of the Fifth Five-Year Economic Development Plan (2015) once the development plans of the phases of the South Pars gas field are implemented.

Earlier reports said that Iran is about to finalize three new contracts for exporting gas supplies to two Persian Gulf littoral states and a European country.

According to FNA sources, the deal with the European state will include export of 20 to 25 million cubic meters of gas supplies.

Iran is now exporting gas to Turkey and has swap deals with Armenia and Azerbaijan.

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