Guardian Liberty Voice: Iran Plans to Increase Gas Exports to Europe

Officials in Iran have recently said that the Middle Eastern country is working on plans to increase its exports of natural gas to Europe in the near future. The Iranian Oil Minister, Bijan Namdar Zanganeh, recently asserted that European countries were looking to diversify when it came to meeting their energy needs.

This diversification could, according to Ali Majedi, the Iranian Deputy Minister of Oil for International Affairs and Trading, take the form of increased natural gas exports from Iran to the European market, with a daily volume of anywhere between 4 and 50 million cubic meters. The route that this energy would take on its way to the European market is undetermined as of yet, although Majedi has said that Turkey provides the most “economical” route for the delivery of natural gas to Europe.

This planned increase in natural gas exports on the part of Iran comes in the context of serious tensions between the European community and Russia. Russia, which supplies approximately 30 percent of all European gas, has threatened to cut off gas shipments if the Ukraine refuses to pay its gas debts.
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