Iran-Turkmenistan negotiations for joint gas exports

Iran-Turkmenistan negotiations for joint gas exports
ID : N-642 Date : 2017/11/12 - 11:02

(Persia Digest) – The Managing Director of Iranian National Gas Company said that the company is opposed to swapping gas between Turkmenistan, and Turkey and Iraq, and announced talks with Ashgabat for the export gas to the Persian Gulf states.

Hamidreza Araghi went on to say: “We are opposed to swapping gas from Turkmenistan to Turkey and Iraq, but talks are under way to do the swap for Armenia and the Republic of Azerbaijan.

He continued: “Negotiations with Turkmenistan for joint gas exports to the Persian Gulf states are ongoing.”

Earlier, Araghi had announced an increase in gas exports to Iraq to 12 million cubic meters a day and said that gas exports to southern Iraq (Basra) will begin by the end of this year.

Turkey and Iraq are Iran’s largest importers of gas and the country intends to increase its exports to these two places. Therefore, it is not interested in the Turkmenistan gas swap as this will limit Iran's gas export markets in the future.

Iran is located at the center of the countries producing and consuming gas and oil in the region and is therefore considered to be the pole of energy transfer.

One of the most important projects in Iran for the transit of energy is the swap of oil from the countries of the Caspian Sea to the Persian Gulf states which will resume this summer following a six-year hiatus. The Iraqi and Russian oil swap plan to the Persian Gulf oil terminals is another important project in this area.

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