Iranian gas can go to Europe via Turkish Stream

Iran considers the Turkish stream to be one of the possible routes of transporting its gas to Europe after the cancellation of international sanctions, the Director of International Relations of the National Iranian Gas Company, Azizullah Ramazani, said.

to be one of the possible routes of transporting its gas to Europe after the cancellation of international sanctions, the Director of International Relations of the National Iranian Gas Company, Azizullah Ramazani, said."It's possible. But no negotiations have been carried out yet. However, it might be a good idea," RIA Novosti cited him as saying.According to Ramazani, the Turkish part of the pipeline or even the segment located in the Black Sea can be used to provide Iranian gas in Europe. However, Tehran is considering other options: through Turkey, through the Black Sea, through Iraq, Syria and the Mediterranean Sea. "But these paths should be studied according to the rules. We need to examine the economic feasibility to determine the best route," he explained.There are three main routes, but they don't exclude the possibility of branches. Possible joint use of the Turkish Stream is not the only area of ​​cooperation between Russia and Iran in this field. "There can be a common field of activity, for example, in the field of gas. We can share experience and technologies," he said.Ramazani said that NIGC had also established cooperation with Gazprom. "Our chief executive visited Russia last year and signed a memorandum of cooperation between the two companies. They have decided to establish joint committees for cooperation in various sectors. These committees will be formed very soon," he said.Sberbank CIB analyst Vladimir Nesterov said  in an interview with Vestnik Kavkaza that "Iran is a promising competitor of Gazprom and a prominent member of the Forum of Gas Exporting Countries." "Of course, at this stage it says that Iran will not compete with Russia. But the gas markets, as well as oil, are limited. And, of course, Iranian gas is a threat to Russian gas," he said.According to the expert, this initiative of the Iranian side is rather an invitation to discuss the prospects of bilateral cooperation.At the same time Russia is not interested in the Turkish Stream implementing Iranian gas supplies. "We have our gas surplus. And now have the problem of demand in the domestic market in Europe. Therefore, it's unreasonable and counterproductive to give your market to your comrades," Vladimir Nesterov explained.

 

"It's possible. But no negotiations have been carried out yet. However, it might be a good idea," RIA Novosti cited him as saying.

According to Ramazani, the Turkish part of the pipeline or even the segment located in the Black Sea can be used to provide Iranian gas in Europe. 

However, Tehran is considering other options: through Turkey, through the Black Sea, through Iraq, Syria and the Mediterranean Sea. "But these paths should be studied according to the rules. We need to examine the economic feasibility to determine the best route," he explained.

There are three main routes, but they don't exclude the possibility of branches. Possible joint use of the Turkish Stream is not the only area of ​​cooperation between Russia and Iran in this field. "There can be a common field of activity, for example, in the field of gas. We can share experience and technologies," he said.

Ramazani said that NIGC had also established cooperation with Gazprom. "Our chief executive visited Russia last year and signed a memorandum of cooperation between the two companies. They have decided to establish joint committees for cooperation in various sectors. These committees will be formed very soon," he said.

Sberbank CIB analyst Vladimir Nesterov said  in an interview with Vestnik Kavkaza that "Iran is a promising competitor of Gazprom and a prominent member of the Forum of Gas Exporting Countries." "Of course, at this stage it says that Iran will not compete with Russia. But the gas markets, as well as oil, are limited. And, of course, Iranian gas is a threat to Russian gas," he said.

According to the expert, this initiative of the Iranian side is rather an invitation to discuss the prospects of bilateral cooperation.

At the same time Russia is not interested in the Turkish Stream implementing Iranian gas supplies. "We have our gas surplus. And now have the problem of demand in the domestic market in Europe. Therefore, it's unreasonable and counterproductive to give your market to your comrades," Vladimir Nesterov explained.