Iran signs deal to import 100mcm of Turkmen gas per day

Iran Materials 3 December 2013 15:53 (UTC +04:00)

Baku, Azerbaijan, Dec.3

By Fatih Karimov - Trend:

Iran has signed a deal with Turkmenistan whereby Iran will import 100 million cubic meters of natural gas from its northern neighbour, Mehr News Agency quoted Reza Padidar, head of the Union of Iranian Oil Equipment Producers as saying on December 3.

Along with policies to increase domestic production of natural gas, a deal has been signed to import Turkmen gas, he added.

He did not explain any details of the deal.

National Iranian Oil Company's Managing Director Hamidreza Araqi said on October 1 that Iran continues to import gas from Turkmenistan based on a new agreement.

Moreover, Iranian Oil Minister Bijan Namdar Zanganeh has said that during his visit to Ashgabat that he negotiated with Turkmen officials on the two countries' gas deal.

"We intend to resume gas imports from Turkmenistan in exchange for exporting technical and engineering services to our northern neighbour," he added.

In November, the Mehr News Agency quoted Managing Director of Iran's Gas Engineering and Development Company, Ali-Reza Gharibi, as saying that the country has reduced dependency on importing natural gas from Turkmenistan through establishing new gas pressure boosting stations.

Three gas pressure boost stations have become operational which has increased the country's gas transfer capacity by 150 million cubic meters per day, he said