Iran News ...


6/21/03

US regards Russia, Iran as potential liquid gas suppliers

The United States regards Russia and Iran as potentially the biggest suppliers of liquefied natural gas, which will help in the future to resolve the mounting problem with the supply of this product to America, said US Deputy Energy Secretary Kyle McSlarrow on Friday, IRNA reported from New York.

McSlarrow admitted that neither Russia nor Iran have at present 'costly enterprises producing liquefied natural gas'.

However, according to him, deposits of natural gas in those countries are so great that they will undoubtedly become key liquefied natural gas suppliers to the world market within the next few years.

McSlarrow said that he would fly to Moscow next month to discuss Russia's plans for building a terminal for liquefied gas. According to the deputy energy secretary, Russia will be able to export gas within the next five to ten years.

Iran which ranks second after Russia by the volume of natural gas deposits signed an agreement last month with a consortium of Japanese, South Korean and Iranian enterprises to build a liquefied gas producing facility, which will allow the country to begin exports inn 2007.

However, Iran may not supply liquefied natural gas to the United States as Washington imposed a unilateral economic embargo against Teheran in 1995.

... Payvand News - 6/21/03 ... --



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