Wednesday, April 15, 2009

German firm seeking long-term gas deal with Iran

Xinhua, here

"...The German company Bayerngas, which is involved in trading and transfer of natural gas, "is to open an office in Tehran," Torbati said. The two companies of "Iran and Germany signed an agreement to cooperate on Compressed Natural Gas (CNG) for downstream industries... and they are to cooperate on CNG equipment, downstream gas industries and refineries," he was quoted as saying. Though the UN and the West imposed sanctions against Iran over its sensitive nuclear program, Germany is still Iran's biggest trade partner in the European Union...."

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