Europe Keen on Iran Joining SGC

EghtesadOnline: Europe wants countries rich in natural resources to join the Southern Gas Corridor.

News ID: ۷۸۱۸۰۷

18 February 2018

European Commission Vice President for Energy Union Maros Sefcovic announced the above at the press conference dedicated to the Fourth Ministerial Meeting of Southern Gas Corridor Advisory Council that kicked off in Baku, the capital of Azerbaijan, on Feb. 15.

According to Sefcovic, all possible options have been considered, Azerbaijan Press Agency reported. "We are ready to discuss the issue of Iran joining SGC with all partners of the project," he said. "It is important that SGC connects Europe with countries rich in gas resources. We will be interested in involving new purchasers and suppliers. Within these meetings, negotiations have been conducted with Turkmenistan and Iran." The European official noted that Iran is interested in oil transportation, for which pipelines should be constructed and infrastructure should be established in Iran. Sefcovic noted that the Southern Gas Corridor project is of strategic importance, stressing that European financial institutions also support this project, according to Financial Tribune.