14 September 2009
A senior Iranian official said Tehran and Ankara have reached an agreement to transit Turkmenistan gas to Turkey via Iran.
The director of Investments at National Iranian Oil Company (NIOC) told Mehr News Agency that under the new accord, Iran will ship 35 billion cubic meters (bcm) (1.24 trillion cubic feet) of gas from Turkmenistan in the northeast to its western neighbor every year.
"Under the current situation, Iran is one of the most economical ways for transporting Turkmenistan's gas," Hojjatollah Ghanimifard added.
The comments came as Iran and Turkmenistan set to inaugurate their joint Dovletabat-Sarakhs-Khangiran gas pipeline in late December.
Turkmen President Gurbanguly Berdymukhammedov has invited his Iranian counterpart Mahmoud Ahmadinejad to attend the inaugural ceremony.
Turkmenistan will launch the new pipeline to Iran to diversify its gas exports. Turkmenistan is a major gas producer in Central Asia, producing over 75 bcm (2.65 trillion cubic feet) of gas per year.
Meanwhile, a number of Iranian banks intend to form a syndicate to secure fund for the Iran LNG project.
A syndicate of banks will be formed in the next two months to use the Oil Stabilization Fund for the provision of $900 million for the Iran LNG Project, said Managing Director of Iran LNG Company Ali Keirandish.
Bank Mellat would be the agent bank and Melli and Tejarat banks have announced their readiness to join the syndicate.
A senior Iranian official said Tehran and Ankara have reached an agreement to transit Turkmenistan gas to Turkey via Iran.
The director of Investments at National Iranian Oil Company (NIOC) told Mehr News Agency that under the new accord, Iran will ship 35 billion cubic meters (bcm) (1.24 trillion cubic feet) of gas from Turkmenistan in the northeast to its western neighbor every year.
"Under the current situation, Iran is one of the most economical ways for transporting Turkmenistan's gas," Hojjatollah Ghanimifard added.
The comments came as Iran and Turkmenistan set to inaugurate their joint Dovletabat-Sarakhs-Khangiran gas pipeline in late December.
Turkmen President Gurbanguly Berdymukhammedov has invited his Iranian counterpart Mahmoud Ahmadinejad to attend the inaugural ceremony.
Turkmenistan will launch the new pipeline to Iran to diversify its gas exports. Turkmenistan is a major gas producer in Central Asia, producing over 75 bcm (2.65 trillion cubic feet) of gas per year.
Meanwhile, a number of Iranian banks intend to form a syndicate to secure fund for the Iran LNG project.
A syndicate of banks will be formed in the next two months to use the Oil Stabilization Fund for the provision of $900 million for the Iran LNG Project, said Managing Director of Iran LNG Company Ali Keirandish.
Bank Mellat would be the agent bank and Melli and Tejarat banks have announced their readiness to join the syndicate.
© Iran Daily 2009
