“Iran has the capacity to increase it gas export and boost presence in the global markets,” Menelaos Ydreos said on the sidelines of an IGU meeting, adding that Iran’s gas industry is advanced and systematic.
New Delhi and Islamabad are substituting natural gas with LNG, he said, “More that 50 percent of the world’s gas is used in Asia. Therefore, there is the potential to supply India and Pakistan with Iran’s gas.”
Iran and neighboring Pakistan are working on the construction of a gas pipeline which will pump the fuel to the South Asian nation.
The gasline can be extended to India and China via Pakistan.
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