Iran increases gas export capacity to Turkey
Baku, Azerbaijan, Aug. 3
By Fatih Karimov - Trend: Iran has increased gas export capacity to Turkey to 70 million cubic meters per day, said deputy director of National Iranian Gas Company, Abdolhossein Samari.
Necessary infrastructures for boosting the volume of gas exports to Turkey by twofold to 70 million cubic meters have been provided through launching new electro-motors at the Tabriz pressure boost station, Iran's Shana news agency quoted Samari as saying Aug. 3.
Iran increased gas deliveries to Turkey by one billion cubic meters of gas per annum (bcm/a) during last year. Iran, Russia and Azerbaijan export about 10 bcm/a, 27 bcm/a and 6.6 bcm/a to Turkey respectively.
Turkey purchases 1000 cubic meters of Iranian gas at $490, which is much higher than Russian gas (at $425) and Azerbaijani gas (at $335).
Recently, Iranian oil Minister Bijan Zanganeh said that Tehran has offered Turkey to double gas import from Iran instead of discounts in gas price. However, Turkey rejected the offer.
Iran is selling about 27 million cubic meters per day (mcm/d) of natural gas to Turkey, but the sides dispute the quality-quantity and price of natural gas.
Turkey filed two complaints with the International Court of Arbitration accusing Iran of overcharging as well as citing the low quality and quantity of delivered gas. Minister Taner Yıldız said earlier that the court is set to issue its final verdict on the dispute in May.
Edited by CN