Financial Times FT.com

German group seeks Iran gas contract

By Carola Hoyos in London, Daniel Dombey in Brussels and Ivar Simensen in Frankfurt

Published: March 6 2007 22:06 | Last updated: March 6 2007 22:06

Eon, Germany’s biggest importer of natural gas, is pursuing its first gas supply contract with Iran in an effort to reduce its dependence on Russia.

The company on Tuesday confirmed it was in talks with liquefied natural gas producers over a supply contract. “One of the producer countries is, of course, Iran. The country has the world’s second largest natural gas reserves,” said a company official.

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