News

As United States-Iran engagement draws closer, it is no longer an issue of
"whether" or "if", but of "when" it is that European companies can tap Iran's
massive gas reserves. The current US position is that it will not support
Iran's involvement in Nabucco until Tehran "changes its policies". Last month,
Morningstar said Iran could only join Nabucco after the normalization of ties
between Washington and Tehran.

On Thursday, while speaking to the media in Ankara, he merely said inviting
Iran to the project without a resolution of the nuclear standoff "could have a
negative effect". But Turkish Energy Minister Taner Yildiz swiftly clarified,
"We can also easily see Iran in this project as a supplier in the future."