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.
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