Monday, July 8, 2024

Iraq to Import Gas from Turkmenistan via Iran

 Turkmenistan and Iran have marked an agreement for the buy and offer of flammable gas in how much up to 10 billion cubic meters of gas each year, which will be provided from Turkmenistan to Iraq through Iran under a trade plot.

The negotiations between Turkmenistan and Iran, which took place this week in Ashgabat, resulted in the signing of the agreement. During the negotiations, a wide range of issues related to the expansion of cooperation between Turkmenistan and the Islamic Republic of Iran in the gas industry were discussed.

The Turkmen and Iranian sides are currently actively collaborating to put into action the agreements that were previously reached at the highest state level regarding the expansion of gas cooperation. As a result, Iranian businesses will work on the construction of a new 125-kilometer gas pipeline and three gas compressor stations on Turkmenistan’s territory in order to improve the infrastructure for transporting gas. These facilities are required in order to supply Iran with additional quantities of gas.

It is planned to increase the annual volume of gas supplied to Iran along the Dovletabad-Sarakhs-Hangeran routes and through the Chaloyuk gas measuring station to 40 billion cubic meters in addition to the capacities that are already in place.

According to Turkmenistan’s Foreign Ministry, the positive experience of joint activities in the supply of Turkmen gas to Iran and through its territory to third countries serves as a solid foundation for expanding the potential of bilateral partnership in this area.

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