Iranian, Turkish firms to transport gas to Europe

By
February 22, 2009 16:27

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Iranian newspapers say the country has made an agreement with a Turkish company to form a joint venture to transport gas to Europe. The Sunday report by several Teheran newspapers quotes the head of National Iranian Gas Export Company, Reza Kasaizadeh, as saying "50 percent of the new company" which is expected to transport some 35 million cubic meters of gas to Europe through Turkey will be owned by NIGEC. The report did not identify the Turkish company nor give a name for the joint venture. Iran has the largest natural gas reserves in the world after Russia. However its role in international market of natural gas is tiny due to huge domestic consumption.

Related Content

Bushehr nuclear Iranian
August 5, 2014
Iran and the bomb: The future of negotiations

By YONAH JEREMY BOB