(MENAFN) The European Union (EU) said it is increasing the urgency of a plan to import natural gas from Iran as relations with the sanction-hit Iran reconcile, The Peninsula Qatar reported.
While sanctioned itself, Iran has the world's second largest gas reserves after Russia and is a potential alternative given talks between Tehran and the West to reach a deal over its disputed nuclear program.
'Iran is trying to position itself in Europe as an alternative to Russian gas. Iran's gas could come to Europe quite easily and politically there is a clear rapprochement between Tehran and the West,' a source said.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.