Iran News ...


04/12/09

Persian gas pipeline being studied: Oil Minister

Source: ISNA, TEHRAN

Iran's Oil Minister Gholam Hussein Nozari announced Sunday that studies on Iran-Europe new gas pipeline project have been commenced.

The Persian Pipeline is to link Iran to Italy and Greece by crossing Iraq, Syria and Mediterranean Sea, he said at a press conference and added feasibility studies on the project have been started since 7 months ago.

Iran and the EU also discuss another gas pipeline project. The Nabucco pipeline aims to carry natural gas from Central Asia via Turkey and the Balkan states to Austria, bypassing Russia and Ukraine.

EU is trying to decrease reliance on Russian energy resources and regards Iran as an alternative.

Nozari also announced operation of 2 new phases of South Pars gas field by late July.
 

 

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