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Iran Eyes 10% Share In Global Gas Trade
10/28/2011

Managing director of the National Iranian Gas Export Company said that Iran aims to gain a 10% share in the global gas trade by the end of the Fifth Economic Development Plan (2011-2015). Iran's current share in global gas trade is 2%. He noted that the country also intends to triple its natural gas exports and was ready to export gas to Russia.

[Editor's comment: Russia has the largest natural gas reserves in the world and is the largest gas exporter. It is not obvious why Russia would import gas from Iran any more than Saudi Arabia would import crude from Kuwait.]

Source: presstv.com , October 27, 2011

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