Iran in Kuwait gas export deal

11 April 2010

The National Iranian Gas Export Co (NIGEC) has said that Kuwait has agreed to import 8.5mln c/m of gas and will set up a joint firm that will build a pipeline to transfer the gas, Fars news agency has reported. The two countries will establish a government/private sector company to construct a 577 km pipeline to transfer the gas from Iran's South Pars gas fields to Kuwait. Referring to the price of gas supplies to Kuwait, NIGEC head Seyed Reza Kassayeezadeh said that the two sides have presented their proposals but the final price has not yet been decided.

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