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5/27/05

EU says to expand energy cooperation with Iran

Brussels, May 27, IRNA-The European Union indicated strong determination to promote energy cooperation with Iran on Thursday when a top EU energy official said the union looks at Iran as one of its most important energy suppliers.

Francois Lamoureux, the director general of Energy and Transport in the European Commission, said the EU attaches great significance to the importance of dialogue between oil producing and consuming countries, stressing that the union plans to expand its energy cooperation with Iran.

Lamoureux, speaking in a meeting with the visiting Iranian Deputy Oil Minister for International Affairs Hadi Nejad-Hosseinian, said the union also plans to cooperate with Iran in other sectors as well including sea, road and rail transport issues.

Nejad-Hosseinian, who was meeting Lamoureux at the fourth meeting of the EU-Iran working group on energy and transport, said Iran which holds the world's second-largest gas and oil reserves backs the EU position of dialogue between energy producers and consumers.

He said in spite of some sanctions, the Islamic Republic in the last few years has expanded its gas, oil and petrochemical projects and said the EU's participation in these projects will be of mutual benefit.

The Iranian oil official proposed that Europe could invest in the energy industries including petrochemical, aluminum, steel and the electricity sectors in Iran and export the products to Europe.

Iran is situated in a very important geo-strategic region and as a corridor for the East, the West, the North and the South is very keen in cooperation with the EU in the transport sector, he noted.

With the aim to push forward the work of the EU-Iran energy and transport group, the two sides agreed to soon form three experts committee in the fields of investments, efficient use of energy and air transport .

The working group was formed in 2002.

Nejad-Hosseinian also met representatives of Belgian energy firms and Dr Ria Kemper, Secretary General of the Energy Charter Secretariat (ECS), during his 2-day stay in Brussels.

The Brussels-based ECS is an international forum for energy cooperation in which 51 European and Asian governments participate.

... Payvand News - 5/27/05 ... --



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