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EU Energy Commissioner Due in Tehran

EU Energy Commissioner Due EU Energy Commissioner Due

European Energy Commissioner Miguel Arias Canete is expected to arrive in Iran on Saturday to confer over bilateral energy ties.  According to Spanish newspaper, El Pais, his visit will mark the first presence of a European official in Tehran after the US withdrawal from the 2015 nuclear deal, Mehr News Agency reported. The Spanish daily added that Iran and Europe can have good cooperation in the energy sector as the country possesses the world’s second largest gas reserves and the fourth largest oil reserves. Iran needs infrastructure for energy exploitation and European companies can offer assistance in this regard. Iran’s market in the renewable energies has been left untouched for the most part. Canete’s May 19 visit to Tehran will make it his third time after his previous visits to the country in March and April 2017. A considerable number of European figures have expressed their support on continuing business with Iran a week after US President Donald Trump announced his decision to reimpose sanctions on Iran.

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