Page 9 - MEOG Week 33 2022
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MEOG POLICY & SECURITY MEOG
Iran says remove sanctions to
Europe, gas prices decrease
IRAN THE spokesperson of the Ministry of Foreign The Islamic Republic of Iran has the capacity
Affairs of Iran has said that with the removal of to act in the shadow of the energy crisis that has
sanctions on Iran, wholesale gas prices globally formed in the world and able to provide part of
would drop for Europe, SHANA reported on the vital and basic needs of the world in the field
August 15. of energy based on the existing conditions and
Iran is ready to accept the latest adjustments even in the shadow of sanctions.
to the nuclear agreement originally signed in He added: “Iran’s oil deals and cooperation
2015 but all but killed off in 2018 by Donald with various parties in the regional and interna-
Trump. If Europe and the US were to remove tional spheres continue.”
sanctions, Iran could begin to replace Russian Iran hopes that with the resumption of the
gas through Azerbaijani pipelines already oper- nuclear deal which see Iran receive sanctions
ational between the two countries and onwards relief from the Biden administration during
to Europe. its tenure, Iran can help bridge the gap see-
Kanaani said, “We believe that the cancella- ing wholesale energy prices quadruple across
tion of oppressive sanctions is not only for the Europe.
benefit of the Iranian government and nation, Iran has already made efforts including
but also for the benefit of the region and the boosting its output across oil, gas and petro-
global economy, and it will also benefit European chemicals while it has limited sales opportuni-
countries in the field of energy supply.” ties, but output may only increase moderately.
Kanani said in a press conference said on his Tehran would prefer to sell its oil, petrochem-
August 15 conference about Iran’s replacement icals and gas abroad as it receives significantly
in the context of the energy crisis in the Euro- more income than sales locally due to massive
pean markets after the war in Ukraine: subsidies offered to locals.
Week 33 17•August•2022 www. NEWSBASE .com P9
