Journal of Turkish Weekly, Turkey
June 12 2005
Iran’s Asalouyeh gas exports to reach $5 bln
LONDON – Gas exports from the southern energy rich region of
Asalouyeh will earn the country almost $5 bln a year.
Announcing this, Managing Director of National Iranian Gas Exports
Company Roknoddin Javadi told IRNA that his company had finalized
talks with foreign companies to export 20 mln tons of LNG and
contract for exporting an additional 7.5 mln tons will be signed in
the coming days.
Javadi said the deals for exporting gas to the UAE, Azerbaijan and
Armenia via pipeline have been finalized and talks are underway on
three more contracts.
Once the contracts are materialized, Iran’s annual earnings from LNG
exports will reach $3.5 bln to $4 bln and exports via pipelines will
fetch about $1 bln per year.