Iran considering exporting gas to Europe

Chris

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Iran considering exporting gas to Europe
The move comes amid soaring energy prices due to Russia's war in Ukraine.
Ben Ariel
16.05.22

Iran is considering the possibility of exporting gas to Europe, an oil ministry official said on Sunday, against the backdrop of soaring energy prices due to Russia's war in Ukraine. "Iran is studying this subject but we have not reached a conclusion yet," deputy oil minister Majid Chegeni was quoted as saying, according to AFP. "Iran is always after the development of energy diplomacy and expansion of the market," he added. Though Iran boasts one of the world's largest proven gas reserves, its industry has been hit by US sanctions that were reimposed in 2018 when Washington withdrew from the 2015 nuclear deal between Tehran and world powers.

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