Energy crisis: Iran says it can fill Europe's supply gap

Energy crisis: Iran says it can fill Europe's supply gap
Credit: Tuomas Romu / Creative Commons

Iran has offered to supply Europe with gas as the war in Ukraine rages on amid increasing fears of a gas shortage this winter.

“We know that we have the necessary gas reserves as well as the potential and therefore we could meet Europe’s gas needs,” Foreign Ministry spokesman Nasser Kanaani said on Monday.

He is quoted as saying by the Fars news agency, that the Vienna nuclear agreement should first be reinstated and, above all, all American economic sanctions against Iran should be lifted beforehand.

With the second largest gas reserves in the world, Iran could be an energy supplier for Europe, but according to observers it has little room for gas exports due to domestic gas demand.

Spokesman Nasser Kanaani acknowledged that US sanctions have caused technical problems in gas production in recent years, but these problems would have been resolved in the meantime and Iran would no longer have any restrictions, the spokesman said.

Iran and the six parties to the Vienna nuclear deal - China, Germany, France, Britain, Russia and the United States - are currently working to revive the 2015 pact. No final agreement has yet been reached, but the Iranian spokesman expressed confidence that it could be possible soon.

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