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Iran Considering Exporting Natural Gas to Europe, Official Says

Iran is considering exporting natural gas to Europe in a potential bid to capitalize on international sanctions against Russian energy. An Iranian oil and gas ministry official said officials are “studying it but have yet to reach a conclusion,” the…

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ministry’s news agency, Shana, said May 15. “However, Iran always seeks development of energy diplomacy and expanding the market.” The official didn’t say how it would export its product, which is subject to strict U.S. sanctions.