Iran will export 35 billion cubic meters of gas to Europe per year once a pipeline is laid to Europe through Turkish territory, said caretaker of Oil Ministry Gholam-Hossein Nozari Monday.
According to IRNA, Nozari told reporters at the end of his talks with a Turkish delegation, led by Turkish Energy Minister Helmi Guler, that based on an agreement, signed with Turkish energy officials, the Turkish side will undertake development of phases 22, 23 and 24 of South Pars gas field. He said that based on the deal Iran will undertake the marketing job.
"The project for development of three phases of South Pars gas field will be implemented on buy-back basis by the Turkish entrepreneurs," he added.
