Iran, Switzerland sign gas export deal

Iran and Switzerland on Monday signed a major gas agreement for the export of Iranian gas to a Swiss company, in a rare energy deal between Tehran and the West.

Iran, Switzerland sign gas export deal
"Today we witnessed the signing of a gas contract between the two countries," Foreign Minister Manouchehr Mottaki announced at a joint news conference with his Swiss counterpart Micheline Calmy-Rey.

Financial details were not disclosed but the contract between Iran's state gas firm and Switzerland's Elektrizitaets-Gesellschaft Laufenburg reportedly envisages Iran supplying 5.5 billion cubic metres of gas annually from 2011.

Calmy-Rey said that the deal was in full compliance with UN Security Council resolutions imposed against Iran for its nuclear program.

Agencies
Last Mod: 17 Mart 2008, 18:22
Add Comment