Journal of Turkish Weekly: Iran focuses on European energy market

Iran is focusing on Europe as its primary energy market for its supply, despite a possible membership with the Shanghai Cooperation Organization (SCO), according Bakhtiyar Aslanbayli, energy expert and professor at Baku State University.

Aslanbayli said Iran is more interested in Europe in order to gain modern technology for efficient and productive exploration activities that the country needs. "From a gas supply point of view, I believe Iran is more interested in a European direction." Aslanbayli told Anadolu Agency.

Under a deal reached in November 2013 in Geneva, western countries agreed to provide Iran with some sanctions relief in exchange for it agreeing to limit certain aspects of its nuclear activities. The process of easing the sanctions brings the chance for Iran to be an energy supplier to Europe, as a natural gas and oil rich country.
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