Iran facilitates 60 mcm extra daily gas export to Turkey

Baku, Azerbaijan, August 24

By Khalid Kazimov - Trend:

Iran has made operational the second phase of a gas transfer facility that heads to Turkey, making possible to increase the export from 24 to 56 million cubic meters per day.

The first phase of the facility had been launched with three turbo compressors with capacity of 24 million cubic meters per day , the Manager of District 8 of Gas Transfer Operation Yadollah Baibordi said, SHANA news agency reported August 24.

The facility had been intended to provide gas to northwestern Iranian cities as well as Turkey, Armenia, and Azerbaijan's Nakhchivan Autonomous Republic.

According to Baibordi, the facility is also to be used to swap gas between Iran and Azerbaijan.

"The project was done in the EPC (engineering, procurement and construction) contract format and it will carry 60 million cubic meters of gas per day," he said.

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.

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