AVN 68.19 Increased By ▲ 0.44 (0.65%)
BAFL 31.12 Increased By ▲ 0.14 (0.45%)
BOP 4.88 Increased By ▲ 0.07 (1.46%)
CNERGY 3.83 Increased By ▲ 0.07 (1.86%)
DFML 14.15 Increased By ▲ 0.17 (1.22%)
DGKC 42.70 Increased By ▲ 1.70 (4.15%)
EPCL 47.33 Increased By ▲ 0.28 (0.6%)
FCCL 12.10 Increased By ▲ 0.45 (3.86%)
FFL 5.22 Increased By ▲ 0.06 (1.16%)
FLYNG 6.27 Increased By ▲ 0.33 (5.56%)
GGL 11.21 Decreased By ▼ -0.08 (-0.71%)
HUBC 67.71 Decreased By ▼ -0.24 (-0.35%)
HUMNL 5.80 Increased By ▲ 0.10 (1.75%)
KAPCO 28.10 Increased By ▲ 0.06 (0.21%)
KEL 2.32 Increased By ▲ 0.05 (2.2%)
LOTCHEM 26.58 Increased By ▲ 0.38 (1.45%)
MLCF 22.90 Increased By ▲ 1.24 (5.72%)
NETSOL 87.34 Increased By ▲ 0.89 (1.03%)
OGDC 101.34 Increased By ▲ 0.85 (0.85%)
PAEL 11.44 Increased By ▲ 0.29 (2.6%)
PIBTL 4.24 No Change ▼ 0.00 (0%)
PPL 81.23 Increased By ▲ 0.63 (0.78%)
PRL 13.60 Increased By ▲ 0.37 (2.8%)
SILK 0.92 Increased By ▲ 0.01 (1.1%)
SNGP 44.60 Increased By ▲ 0.70 (1.59%)
TELE 6.19 Increased By ▲ 0.12 (1.98%)
TPLP 16.22 Increased By ▲ 0.37 (2.33%)
TRG 122.85 Increased By ▲ 1.27 (1.04%)
UNITY 14.29 Increased By ▲ 0.29 (2.07%)
WTL 1.35 Increased By ▲ 0.03 (2.27%)
BR100 4,231 Increased By 49.8 (1.19%)
BR30 15,429 Increased By 159.3 (1.04%)
KSE100 42,178 Increased By 454.8 (1.09%)
KSE30 15,913 Increased By 167.4 (1.06%)
Follow us

TEHRAN: Iran said Monday it hopes to see US sanctions eased or lifted to allow it to sell natural gas to Europe, easing the continent’s shortfall as Russian energy exports are restricted.

“Given Europe’s energy supply problems triggered by the Ukraine crisis, Iran could provide Europe’s energy needs if sanctions against it are lifted,” said foreign ministry’s spokesman Nasser Kanani.

Iran is engaged in talks with world powers to revive its 2015 nuclear deal which the United States unilaterally abandoned in 2018, with Tehran pushing for the lifting of US economic sanctions.

“We hope an agreement will be reached to let Iran play a more efficient role, with the aim of providing the energy needed for countries around the world and for European countries,” Kanani told a weekly news conference.

Iran has the world’s second largest natural gas reserves, after Russia, but lacks the infrastructure to increase exports, which are currently limited to Iraq and Turkey.

Iran and the six other parties to the 2015 nuclear accord — Britain, China, France, Germany, Russia and the United States — have been negotiating a return to the agreement.

It gave Iran sanctions relief in exchange for curbs on its nuclear programme to guarantee that Tehran can not develop a nuclear weapon — something it has always denied seeking.

Comments

Comments are closed.

Iran says hopes for sanction relief to export gas to Europe

Intra-day update: rupee maintains momentum against US dollar

IMF talks: ‘Some understanding’ reached: MoS Pasha

Qatar agrees to buy OGDCL, PPL shares

PM forms body to activate STZA

Primary deficit: Rs500bn waiver sought from IMF

First six months: Fiscal deficit swells to 2pc of GDP

Petrol shortage hits major cities of Punjab

New landfill sites: Govt decides to alter ICT master plan

Joint sitting of parliament: Rabbani deplores non-inclusion of terror issue in agenda

Real estate owned by overseas Pakistanis: UAE authorities do not share info