IRAN & RUSSIA: AREN'T RIVALS
According to IRNA, Deputy Minister of Petroleum and Managing Director of National Iranian Gas Company (NIGC) Hamid-Reza Araqi said the Islamic Republic of Iran intends to access European market through LNG but in this connection, it has no plan to compete with or replace Russia.
Iran is to raise daily gas output to one billion cubic meters, being capable of exporting 30 billion cubic meters of gas a day to Europe. Of course, it plans to raise the exports through…
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