Iran-Europe gas deals alarm US

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Series Details 1.5.08
Publication Date 01/05/2008
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The US and its allies are worried that the sanctions regime against Tehran is under threat from a possible new wave of European investment in Iran's strategically important gas sector. In particular, the US fears that a 25-year supply agreement concluded in March between Elektrizitäts-Gesellschaft Laufenburg (EGL Group) of Switzerland and Iran could encourage other deals, particularly in the gas sector.

Related Links
Website: EGL http://www.egl.ch/int/ch/en/home.4.html
EGL: Press Release, 17.3.08: EGL Seals Final Gas Purchase Agreement with NIGEC http://www.egl.ch/int/ch/en/Media/Communiques/Aktuell/nigec.4.html

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