2009-11-10 10:46:03 -

Research and Markets ( www.researchandmarkets.com/research/8f9bc1/iran_plans_to_buil : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ) has announced the addition of GlobalData 's new report "Iran Plans to Build new Gas Pipeline to Europe Further Trouble for European Union's Nabucco Gas Pipeline" to their offering.

Iran Plans to Build new Gas Pipeline to Europe Further Trouble for European Unions Nabucco Gas Pipeline


Iran, which has the world's second largest gas reserve in the world after Russia, is planning to build the $4 billion Pars gas pipeline to Europe, which will have as its rivals the European Union backed Nabucco pipeline and Russia's South Stream pipeline. The diameter of the pipeline would be around 56 inches with an initial designed capacity of 37 billion cubic meters (Bcm) per

annum. The volume of gas that Iran will be supplying to South and Central European countries will be 20% more than its rivals Nabucco and South Stream. Iran plans to come up with a new route to pump its gas from its border point of Bazargan to Turkey. Turkey will then connect this pipeline with its own gas transmission pipeline and the gas will pass on to Greece, then to Italy and via Switzerland to Austria and Germany. Iran will avoid the Eastern European route as many countries in this route are participants in the Nabucco and South Stream pipeline projects. Iran also wants to avoid territories with considerable presence of Russian gas monopoly - Gazprom. This pipeline deal is an answer to the UN sanction on Iran and also to the European Union that has announced that it does not need Iranian gas for its Nabucco pipeline.

Scope


Viewpoints cover the latest events or important trends in the global oil and gas industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and Our views of various developments that have been taking place in the oil and gas industry across the world.

Reasons to Buy



- Develop business strategies with the help of specific insights from GlobalData on the key events happening in the oil and gas industry.


- Gain a strong understanding of the energy market and analyze the major trends in the global oil and gas industry today
- Identify opportunities and challenges with the help of our analysis of the latest news and deals in the oil and gas industry
- Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events

Key Topics Covered:

1 Table of Contents


2 GlobalData Viewpoint


2.1 Summary


3 Iran Plans to Build New Gas Pipeline to Europe: Further Troubles for European Union's Nabucco Gas Pipeline


3.1 US Sanctions on Iran and the Ideation of Iran-Europe Gas

3.2 Iran's Planned Gas Pipeline adding to Nabucco's Troubles


3.3 Conclusion


4 Recent Developments


4.1 Oct 13, 2008: Iran To Construct Persian Pipeline To Europe Distinct From Nabucco


4.2 Sep 24, 2008: Iran To Construct $4 Billion Gas Pipeline To Europe


4.3 Jul 21, 2008: Turkey Ready To Spend $10 Billion In Iran


4.4 Jul 05, 2008: Operations At New Iran-Turkey Gas Pipeline To Begin Shortly

5 Appendix


For more information visit www.researchandmarkets.com/research/8f9bc1/iran_plans_to_buil : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..

Research and MarketsLaura Wood, Senior Manager, press@researchandmarkets.com : mailto:press@researchandmarkets.com U.S.

Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716