This gas contract was signed between National Iranian Gas Export Company (NIGEC) and Elektrizitaetsgesellschaft Laufenburg (EGL), which was reportedly allowing the European country to import 5.5 billion cubic meters of (194 trillion cubic feet) of gas annually from Iran from 2011.
Heading a high-ranking trade, political, and scientific delegation, the Swiss president will meet Iranian officials on promotion of Tehran-Bern ties during his three-day visit.
The fact that representatives of 38 major Swiss companies from industrialists, investors, and entrepreneurs are accompanying Schneider-Ammann indicates that Bern is eager in developing its relations with Tehran, after the termination anti-Iran sanctions.
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