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    Greece Interested in Importing LNG from Iran

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Summary

Greece in talks to buy LNG from Iran for domestic consumption, Greek Energy Minister Panos Skourletis said.

by: Shardul

Posted in:

Asia/Oceania

Greece Interested in Importing LNG from Iran

Greece in talks to buy LNG from Iran for domestic consumption, Greek Energy Minister Panos Skourletis said.

According to Press TV, Skourletis also stated that Greece could provide a gateway for Iran to supply fuel to other parts of Europe.

“What’s sure is that Iran wants to start selling its natural gas in liquefied form using ships and is interested in Greece,” Skourletis said, adding that Tehran is looking to use the Revythousa re-gasification terminal near Athens and a planned facility at Alexandroupolis in the north of the country.

Last month, Hellenic Petroleum and the National Iranian Oil Company (NIOC) reached a long term agreement for the supply of crude oil. The two parties would also settle financial liabilities, which originated from the international sanctions imposed on Iran in 2011.