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Iran, Kuwait hold gas talks

TEHRAN, Apr. 17 (Mehr News Agency) - National Iranian Gas Export Company (NIGEC) held talks with Kuwait Petroleum Company (KPC) in Tehran on Wednesday to export 300 million cubic feet of natural gas to Kuwait per day.

NIGEC Managing Director Seyyed Reza Kassaizadeh told the Mehr News Agency that the two sides have also negotiated for the establishment of a joint company tasked with the construction of gas swap pipelines between Iran and Kuwait.

The export-bound natural gas will be transferred via Iran's sixth cross country pipeline which passes through the Persian Gulf.

KPC Chief Executive Saad Al-Shuwaib previously said Kuwait's domestically produced natural gas is not sufficient for the country's consumption, so KPC plans to import the deficit from neighboring countries, Press TV reported.

... Payvand News - 04/17/09 ... --

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