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Iran can pump gas to Ukraine, Moldavia, says envoy

Source: ISNA

Iran is ready to export gas to Ukraine and Moldavia, said Iranian ambassador to the two European countries Akbar Qasemi Aliabadi. "Iran is in possession of massive gas reserves and is ready to transfer natural gas to the two European countries," he said, adding Iran is providing a great deal of natural gas for Russia.

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High prices of Russian gas have made Russians seek for ways to reduce reliance to the country's gas resources.

Iran which holds the second largest gas reserves in the world after Russia is trying to boost its natural gas output through receiving internal and foreign investment especially in South Pars Gas Field project.

The gas field with 28 fields is located between Iran and Qatar. The gas field holds 14 trillion cubic meters of gas and 18,000,000,000 gas condensations.

The South Pars Gas Field as the largest gas field in the world is located in the Persian Gulf waters.

The South Pars gas Field covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran's territorial waters in the Persian Gulf. The remaining 6,000 square kilometers, i.e. the North Dome, are in Qatar's territorial waters.

The South Pars gas field holds 8 percent of total gas reserves of the world and half of the country's proven gas reserves as well as is the host of the most important industrial complexes of the country and the most important part of oil industry's value chain.

... Payvand News - 08/17/13 ... --

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