Iran eyes EU gas market

EPA/ABEDIN TAHERKENAREH

Fire rises up from a crescent at the South Pars gas field near the southern Iranian port of Assalouyeh, Iran, November 19, 2015.

Iran needs foreign financing for exploration, production and transmission, NIGEC Director tells New Europe


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THESSALONIKI – Iran wants to use Southeast Europe as a corridor for its gas exports to Western European countries, the Director of International Affairs of National Iranian Gas Exports Company told New Europe.

“Our capacity will increase to 1.2 billion cubic metres per day during next five years. So we have enough gas for export,” Azizollah Ramazani said on the sidelines of 9th Southeast Europe Energy Dialogue, organised by IENE in Thessaloniki on June 30.

The main gas in Iran comes from South Pars, the huge offshore field Iran shares with Qatar in Persian Gulf. But Iran has a lot of gas in addition to South Pars, Ramazani said, adding that the Islamic Republic needs foreign financing for exploration, production and transmission.

At the moment, a 40-inch pipeline, which runs for 2,577 kilometres, connects Tabriz in northwest Iran to Ankara in Turkey. “This 40-inch pipeline, according to Turkish delegation, has more capacity. So if we reach some agreement with European countries or Southeast European countries this pipeline which is connected Iran with Turkey, will be used as carrier of gas to Europe,” Ramazani said.

“It depends on the volume of gas. This pipeline will be used for a small amount of gas – maybe 1 or 2 bcm. But if you think about more gas we should think about new pipeline. And this new pipeline could be from Iran to Turkey or from Iran to Iraq and Turkey or from Iran to Mediterranean or Iran to the Black Sea and any other routes,” he added.

Iran is Turkey’s second supplier of gas after Russia, providing for one-fifth of the country’s consumption.

Ramazani also said that Iran could connect with Turkey’s Trans Anatolian Pipeline (TANAP) to export gas to Europe. “TANAP may be possible because it has also excess capacity. But we don’t have any negotiations with TANAP consortium for such a business,” he said.

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