Are you sure?

Moscow keen to market Iran’s gas in Europe - minister

  Visiting Energy Minister of Russia Sergei Shmatko said here on Tuesday that Moscow could play an effective role in marketing Iranian gas in Europe, the official IRNA news agency reported.

Moscow could play an effective role in marketing Iranian gas in Europe as “Russia enjoys a good and effective position in the European gas market,” Shmatko was quoted as saying by IRNA. “The two sides stress the need for promotion of bilateral cooperation in the field of energy, particularly gas exports,” he told reporters after talks with Iran’s Oil Minister Gholam-Hossein Nozari.

Shmatko also suggested that Moscow was willing to “sell Iran’s oil at the St. Petersburg bourse.” Observers speculate that Russia’s fresh attempts to reach Iran’s energy resources and its tempting proposals to Iran suggest that Moscow is willing to see Iran’s energy to be flowed to Europe via Russia in order to maintain the monopoly of transport route.

The recent energy and trade talks between Iran and Turkey developed the hopes among EU states that the two countries could likely be the safe alternatives for their eastern European neighboring states of Russia and Ukraine in the rainy days of energy.

Earlier in February, Iran and Turkey signed an agreement to transfer Iran’s natural gas to Europe via Turkey. Iran accounts for 16% of the world’s natural gas reserves. However, it is a net importer despite huge reserves. Iran wants to turn into a major player in the gas market and proposes to develop a formal organization akin to the Organization of the Petroleum Exporting Countries (OPEC).

Europe and the United States have warned against such a gas exporting body, saying it could pose a danger to global energy security and create room for price manipulation. (Xinhua)