Iran's industry and trade minister has told German reporters his country should be considered as a reliable partner for natural gas supplies to Europe, once current sanctions are lifted. Russia is part of the equation.
Iran's new industry and trade minister, Mohammed Reza Nematzadeh, told Monday's edition of the German business daily Handelsblatt his country was aiming to play a major role on the international gas market.
Following a meeting with German business leaders in Berlin, the minister pointed out his country had the world's largest natural gas reserves and would be a reliable and long-term partner for Europe as the EU aims to decrease its dependency on Russian deliveries due to the ongoing Ukraine conflict.
Striking the iron while it's hot?
He added that before the sanctions went into force, there had already been concrete plans to deliver liquid gas to Spain, and feasibility studies for a separate pipeline to Europe were also under way.
Nematzadeh emphasized it was not intending to cut the ground from under Russia's feet, saying that Europe's hunger for energy was strong enough to provide good business for both Tehran and Moscow.