Gas flares from an oil production platform at the Soroush oil fields with an Iranian flag in the foreground in the Persian Gulf, 1,250 km (776 miles) south of the capital Tehran in this July 25, 2005 file photo. REUTERS/Raheb Homavandi/Files
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Iran hopes to bring its gas to the European Union by shipping liquefied natural gas (LNG) to Spain, Iran's oil minister was quoted as saying Monday at a news conference with his Spanish counterpart in Tehran.Iran has no ability to freeze its gas into LNG for tanker exports beyond the reach of pipelines, after several projects stalled due to Western sanctions that forced foreign companies to pull out of Iran. Sanctions on Iran may be lifted in 2016 under the terms of a nuclear deal struck in July, but it will take years for Iran to start exporting LNG.Iran has long lobbied to build a designated pipeline that would connect its huge South Pars gas field with European customers -- the so-called Persian Pipeline.
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