Iran Announces Readiness to Supply Part of Europe’s Energy Needs in Cold Winter

Iranian Foreign Ministry Spokesman Nasser Kanaani said on Monday that Iran is asking the International Atomic Energy Agency to stop its investigations into Iran’s nuclear activity, noting that this was one of Iran’s conditions for reviving the joint nuclear agreement.

The spokesman said in a press statement that Iran is fully prepared to provide great assistance to Europe in the event of the Iranian nuclear agreement being revived, stressing that Iran can supply the continent with the energy it needs amid its current crisis with Russia and its decision to stop gas flows last week.

Iran’s comments come after the White House announced on Friday that it considered Tehran’s response to the European Union’s latest proposal on the nuclear deal “unconstructive”, after which Iran declared that it was time for the United States to make a decisive decision on the agreement.

“Energy prices are out of control in the world and big petrochemical companies in a country like Germany are on the cusp of shutdown for this reason,” the minister added.

The official also referred to the jump in the price of gas in Europe, saying gas has reached the unprecedented price of 3 dollars per cubic meter and it is projected that it will further rise by another 60 percent.

Iranian oil minister noted that under such circumstances, Iran is ready to partly meet the needs of European countries.

Owji however said the Europeans themselves wronged their people, adding, “Energy importers face a difficult winter this year.”

The minister then spoke about the surge in Iran’s energy exports. He stated Iran’s gas condensate sales have reached a daily record of 230,000 to 240,000 barrels in the Persian year of 1401 while it was 7,000 barrels per day in the early days of the administration of President Seyed Ebrahim Rayeesi.