Middle East Economic Survey

VOL. LIII

No 15

12-April-2010

IRAN

Iran And Kuwait Agree Gas Exports Volume, But Not Price

National Iranian Gas Export Company (NIGEC) Managing Director Reza Kasaizadeh told Mehr News Agency on 6 April that Iran had agreed on the quantity of gas to be supplied to Kuwait, but not the price. After a new round of negotiations, he said, it was agreed that Iran will deliver 8.5mn cmd (300mn cfd) of gas from the countrys South Pars gas field to Kuwait. While Mr Kasaizadeh...