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News ID: 108141
Publish Date : 23 October 2022 - 21:17

Iran, Turkey Reach New Agreement on Gas Export

TEHRAN - The director of dispatching of National Iranian Gas Company (NIGC) Mohammad Reza Julaei on Sunday announced that Tehran and Ankara have reached a new agreement on gas export contract.
Julaei said: “According to the agreements, all technical, operational and executive activities of gas export to Turkey will be carried out within the next 6 months with the coordination of both parties, which include operational plans, overhauls, cathodic protection and coating of lines between Iran and Turkey and renovation of Bazargan Station and other matters related to gas export to this country.”
He stated that in the intensive meeting, there was a discussion and exchange of views on gas transmission capacity, technical and engineering services and increasing other forms of cooperation, adding: “The country’s huge gas industry is moving rapidly on the path of development and Iran is known all over the world as a reliable source of gas supply, so we should consider this position important and sort out its challenges.”
NIGC official also expressed his satisfaction with holding of this meeting, and emphasized: “Let’s not forget that the continuation and increase of gas exports will be possible by planning to develop and maintain existing production capacities and optimizing consumption.”
Iran has been supplying around 10 billion cubic meters of gas per year to Turkey under a 25-year agreement that was signed in 2001.