SOCAR to export 400m cu.m. of gas to Iran in 2014

The State Oil Company of Azerbaijan Republic (SOCAR) has announced that it will export 400 million cubic meters (mcm) of gas to Iran in 2014.

Kamal Abbasov, SOCAR's gas export department's deputy head, told Reuters that the volume of gas exports to Iran will be the same as last year.

SOCAR exported 151 mcm of gas to Iran in the first four months of 2014 versus 149 mcm in the same period a year earlier.

Iranian Deputy Oil Minister for International and Trade Affairs Ali Majedi said on May 9 that the Islamic Republic was prepared to export natural gas to European countries seeking to diversify their energy sources and gas supplies.

He described a pipeline meant to transfer natural gas from Iran to Europe through Turkish soil as the most viable option, adding that the second pipeline project could be a route that crosses several countries, including Iraq, Syria and Lebanon, to transport Iran’s gas to Europe.

Majedi also stated that the third route would be a pipeline that runs through Armenia, Georgia and under the Black Sea.

(Tehran Times)

Bakudaily.az