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Nabucco gas pipeline not to be implemented without Iran: Oil official

Source: ISNA, Tehran

Iran's Deputy Oil Minister for International Affairs Hossein Noghrehkar Shirazi said Nabucco project would not be implemented without Iran.

The pipeline has the capacity of 30 million cubic meters of gas transfer daily while Iran's gas output reaches 520 million cubic meters a day, so the venture would not be put into action without Iran, he said.

Nabucco gas pipeline

The project is to send Asia's gas to European markets through Turkey. The pipeline is 330 kilometers long and is expected to cost 7.900 billion euros.

The Iranian Oil Ministry official then highlighted foreign companies' enthusiasm for taking part in Iranian projects and said although western companies including Shell and Repsol have evaded concluding phases 13th and 14th of Iran's South Pars due to political reasons, in secrete they express their enthusiasm for cooperation.

He then said two major Spanish companies are to arrive in Iran within coming weeks to continue talks on Liquefied Natural Gas (LNG) venture adding the Spanish are looking for securing their status in Iran.

He continued Turkmenistan has called on Iran to attend in operations in the up-stream section of its gas fields.

He then referred to Iran-Bahrain (LNG) deal and said the two sides have reached an agreement on price formula and are discussing cooperation on Arash and South Pars gas fields.

Meanwhile, Noghrehkar Shirazi pointed out to India's presence in trilateral Peace Pipeline project (Iran, Pakistan and India) and said if India continues delay in taking part in talks, Iran will not wait for the country and will take steps for gas export to other states.

"Iran has finalized all aspects of the deal with Pakistan."

Iran is to send a delegation to Iraq for joint energy cooperation, he continued.

... Payvand News - 04/08/09 ... --

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