The EU is hoping future gas imports from Iran can break its dependence on Russia as prospects grow for a nuclear deal that would include lifting sanctions on Tehran. The European Union is betting on so-called Southern Corridor pipelines to supply gas to southern Europe via Turkey from fields in Azerbaijan and nearby countries, including Iran. “It’s one of our priorities,” EU commissioner for Climate Action and Energy Miguel Arias Canete said Wednesday in the Latvian capital Riga when referring to the gas route. Due to be operational in 2019, the project is expected in an initial stage to deliver …read more
Source: Egypt Independent
