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Iran, Spain agree on transferring gas to Europe

Staff writer |
Tehran and Madrid reached an agreement on the supply of gas to Europe using liquefied natural gas (LNG) cargos.

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The agreement was made during the current visit to Tehran by a trade-economic delegation of representatives and managers from 70 Spanish companies along with the country's foreign, energy and tourism ministers.

Concurrent with the start of the new round of Iran-Spain talks on oil exports, the Iranian and Spanish officials also discussed new plans to transfer LNG gas supplies from Iran's South Pars field to Europe.

Iranian Oil Minister Bijan Zanganeh in a meeting with Spanish Minister of Industry, Energy and Tourism José Manuel Soria López in Tehran on Sunday announced Madrid's preparedness to use Spain's LNG terminals to pave the ground for Tehran to enter Europe's gas market.

"Negotiations between Iran and Spain will continue in this regard," he added.

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