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    Turkmenisatn to Hike Gas Exports to Iran

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Summary

Iran and Turkmenistan are expected to sign an agreement under which latter would increase gas supplies to Tehran in winters.

by: shardul

Posted in:

Asia/Oceania

Turkmenisatn to Hike Gas Exports to Iran

Iran and Turkmenistan are expected to sign an agreement under which latter would increase gas supplies to Tehran in winters, according to Mehr News.
 
Iran's Deputy minister Hamidreza Araqi told Mehr News that the amount of gas supplied would go up to 30 million cubic meters per day. Turkmenisatn has been exporting about 24-25 million cubic meters of natural gas to Iran per day. 
 
“According to agreements signed, there is currently no barrier blocking the flow of gas from Turkmenistan,” Araqi said. 
 

In August, Iran’s Petroleum minister Bijan Namdar Zanganeh said his country will stop importing gas fromTurkmenistan by March 2016.

Iran would no longer need to import gas from Turkmenistan as its gas production will increase by 200 mcm/d by that time, Shana news agency quoted him as saying.

Iran has been looking to boost domestic gas production, especially that of South Pars gas field.