Iran to pay half of Turkmen gas purchase through bartering
Baku, Azerbaijan, Aug.11
By Fatih Karimov - Trend:
Iran will pay half of Turkmen gas purchase through bartering goods and technical services with the country.
Mohammad-Taqi Amanpour, advisor to the Iranian oil minister, said Iran has purchased €2 billion worth of natural gas from Turkmenistan in recent years, Iran's Shana news agency reported on August 10.
Iran is willing to pave the way for exporting goods to Turkmenistan in return for importing natural gas from that country, Iranian Oil Minister Bijan Namdar Zanganeh said on May 5.
Zanganeh made the remarks in a meeting with Turkmen Vice-President Khajeh Mohammadov in Tehran.
The ground is well-prepared for barter trade with Turkmenistan, according to which Iran will export goods in return for purchase of the Turkmen gas, Zanganeh said.
Iran gets Turkmen gas via several branches. The Korpeje - Kurt-Kui gas pipeline, commissioned in December 1995, is the main one. Its capacity was brought to eight billion cubic meters per year with the potential of increasing the capacity to 14 billion cubic meters. The Iranian National Gas Export Company acts as a gas buyer.