Larijani Highlights Investment Opportunities in Iran’s Energy Market
TEHRAN (Tasnim) – Europe can use the investment opportunities in Iran’s huge energy sector to meet its long-term demands for gas, Iran’s parliament speaker said.
“Iran has huge oil and gas resources, and cooperation (with Iran) in the gas sector could be helpful for Europe’s energy security,” Ali Larijani said in a meeting with vice speaker of the French parliament, Laurence Dumont, held on the sidelines of the Fourth World Conference of Speakers of Parliament at the United Nations headquarters in New York on Tuesday.
Larijani made it clear that oil, gas and petrochemical sectors are among Iran’s main priorities in economic cooperation with others.
For his part, the French lawmaker said that finalization of a comprehensive nuclear deal between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) has prepared the ground for improvement of Iran-EU ties and for talks on the other issues as well.
Iran and the Group 5+1 (alternatively known as the P5+1 or E3+3) on July 14 reached a conclusion on a lasting nuclear agreement that would terminate all sanctions imposed on Tehran over its nuclear energy program after coming into force.
The promising prospect of trade with Iran has prompted many countries to explore the market potential in the populous Middle East nation.